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India doubles nine-month open-access solar installations to 1.9 GW  

India added 1.9 GW of open-access solar capacity from January to September this year, a 96% rise over the same period in 2021.

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Longi signs 1.3 GW solar module supply deal with L&T

The Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro’s two solar EPC projects in Saudi Arabia.

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L&T closes $107 million sustainability-linked loan

The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.

Goldi Solar launches 520-550 Wp mono PERC DCR solar modules

The modules are built with made-in-India cells and therefore eligible for government projects and schemes mandating domestic content requirement (DCR).

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Adani Green raises $200 million in Japanese Yen-denominated refinancing facility

The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.

SIMA-managed fund approves $1.999 million low-cost loan to Loom Solar

The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.

India installed 11.2 GW of solar in first nine months of 2022

The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.

Poweron unveils new hybrid inverters for residential solar

The Indian manufacturer has introduced wall-mount hybrid solar inverters with nominal power ratings of 3.68 kW, 4.6 kW and 5 kW. The inverters are compatible with both lead-acid and Li-ion battery.

Scottish startup to begin gravity energy storage pilot in India

UK-based Gravitricity will begin with pilot demonstration of its gravity energy storage systems in India as it eyes broader deployment in the long term.   

Haryana tenders 30 MW rooftop solar on government buildings

The state government is accepting bids to deploy RESCO mode rooftop solar plants on government buildings in the state. Bidding closes on December 19.

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