US investor KKR-backed Virescent Infrastructure has acquired Singapore-based Sindicatum Group’s operating solar assets in three Indian states. The acquired PV projects benefit from long-term power purchase agreements with government counterparties.
Solar power generators have until June 4 to bid for supplying the power from their proposed or existing PV projects under a 25-year PPA.
The developer has issued a tender to select EPC partners for the grid-connected solar capacity in Nokh Solar Park of Rajasthan. Bidding closes on May 12.
A new report states decentralized solar installations in climate-vulnerable regions of Assam, Jharkhand, and Rajasthan lacked design to deal with future climate risks. The report authors, based on their study, outline considerations for policymakers, implementing agencies, vendors, and funding agencies to build resilient structures.
EPC contractors now have until May 19 to lodge their interest in setting up the grid-connected solar capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics. The PV projects shall come up in Cuddalore and Tiruvannamalai districts.
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
The solar project, spread over a 499.27 hectare area, is scheduled to be commissioned within 15 months from the power purchase agreement (PPA) date.
The federal government will provide INR968 crore of soft loans for a INR1307 crore, 100 MW solar park near the Jamuna river in Bangladesh’s Jamalpur district, where a second park of a similar size is being planned by Dhaka and a Chinese partner.
The solar module will be available in three versions – white, black, and glass-glass. The products have an output of up to 400 W, but when the bifacial effect is optimally used, the output of the glass-glass module can reach up to 430 W. Both the white and black modules weigh less than 20 kg.
In large-scale solar, Adani was the largest developer by capacity, and Sterling & Wilson the preferred EPC partner. Tata Power Solar led in rooftop solar installations.
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