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Over 90% of India’s solar and wind projects received investment-grade ratings in 2020

An analysis by the CEEW Centre for Energy Finance reveals that India’s renewable energy sector has made significant progress on the back of policies that have helped mitigate several risks for solar and wind project investors.

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American bank to lend $500 million for First Solar’s 3 GW fab in India

The debt finance from U.S. International Development Finance Corporation will support the thin-film solar manufacturer’s 3 GW/ annum module manufacturing facility coming up in Tamil Nadu.

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Ayana Renewable Power commissions 150 MW solar in Rajasthan

The Bengaluru-based renewable energy developer has commissioned part capacity of its 300 MW solar project in Bikaner.

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The case for agrivoltaics in India

Given 60% of India’s land area is farmed, agrivoltaics (pairing solar with farming) holds special promise for the nation to accelerate its transition to clean energy. However, the roll-out of agrivoltaics in India cannot proceed without addressing the various policy and regulatory challenges. 

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Solex will have 1.2 GW solar module fab operational in January

The Gujarat-based solar manufacturer plans to have 1 GW of cells and 3.7 GW of module capacity operational in 2023.

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Electric mobility startup Matter to invest INR 1,500 crore in Gujarat

The Ahmedabad-based technology startup has committed to funding INR 1,500 crore in electric vehicles and energy storage over the next five years in the state.

NTPC tenders 100 MW solar EPC with land in Maharashtra

The solar plants are to be installed in 2 MW to 10 (2×5) MW sizes for giving daytime power to agricultural consumers. Bidding closes on December 20.

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Shirdi Sai Electricals signs MoU with German firm to build 4 GW solar fab

German engineering and consulting firm Viridis.iQ GmbH will assist in conceptual design to construction and commissioning of the 4 GW vertically integrated poly-to-modules solar factory.

L&T, ReNew Power partner on green hydrogen business

EPC contractor Larsen & Toubro has partnered with renewable energy developer ReNew Power to develop end-to-end competitive solutions in green hydrogen.

KSEB tenders over 100 MW of floating solar in Kerala

Developers have until December 29 to bid for setting up floating solar projects on ten reservoirs in Kerala. The bidders must quote for a minimum of 100 MW involving at least three reservoir sites.

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