Green Climate Fund (GCF) has approved the National Bank for Agriculture and Rural Development (NABARD)’s proposal of Line of credit for solar rooftop segment for commercial, industrial and residential housing sectors in India. This is the first ever project in India approved by GCF.
In a recent investor summit of Andhra Pradesh, Avaada Power has inked a $526 million contract with the state government of Andhra Pradesh to develop 500 MW solar capacities in the state.
Solar Energy Corporation of India (SECI) has invited bids for selection of solar power developers for setting up of 3 GW Interstate Transmission System (ISTS) connected solar power projects under global competitive bidding. Out of its 20 GW tender plan for the 2017-18 fiscal year, approximately 11 GW has already been tendered.
Keeping in sight the plan of Renewable Energy policy 2016, government of Odisha is putting efforts for solar development and has identified land for 400MW solar park.
During the recent Uttar Pradesh Investors summit, amplus solar signed a Memorandum of Understanding with the state government for the investment of INR 22 billion over the next 5 years.
On the sixth meeting of ISA’s International Steering Committee (ISC), Tata Power Delhi Distribution Ltd made a presentation showcasing their offerings to install solar rooftop projects and key service terms proposing to reach 1 MW capacity in each country.
India’s southern states have emerged as leaders in solar, dominating installations in 2017, according to the latest figures from Mercom Capital Group. Overall, the company says 9.6 GW of solar PV were installed across the country last year. Despite this, 2018 will see a decline, it says.
A tender for 1 kW to 1,000 kW grid-connected rooftop solar power plants at various locations in Telangana state has been released by Telangana Renewable Energy Development Corporation Ltd (TSREDCO).
The leading solutions provider for corporate customers in Asia has inked long-term PPAs with three different firms, effectively augmenting its current portfolio that has been expanding since November.
West Bengal Power Development Corporation Ltd (WBPDCL) has tendered a 5 MW floating solar power plant at Sagardighi thermal power plant in the first phase.
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