The amount repaid included the most recent amortization of $180 million this month.
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
Larsen & Toubro (L&T) has secured EPC orders for transmission lines backing renewable energy (RE) projects in Gujarat and Rajasthan.
Bharat Vikas Group (BVG) has won the balance-of-system package for SJVN Green Energy’s 100 MW (AC) grid-connected solar PV power project in Punjab. The total project value, including three-year operation and maintenance, is INR 116.29 crore.
The Bundelkhand region in the Indian state of Uttar Pradesh is emerging as a solar hub with an aggregate solar park capacity of 4,995 MW approved so far by the government.
Israel-based Airtouch Solar has signed a $4 million deal with Indian developer Acme for the supply and maintenance of PV panel cleaning robots.
Gensol Engineering Ltd has acquired Pune-based Scorpius Trackers for INR 135 crore ($16.42 million). The acquisition allows Gensol Engineering to offer a comprehensive solar EPC package that includes Scorpius Trackers’ innovative solar tracking technology.
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Ircon Renewable Power has tendered the manufacturing and supply of 530 Wp+ mono PERC bifacial modules under the domestic content requirement of a 600 MWp solar PV project at Pavagada.
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