Reliance Capital signs $46m deal with IREDA for renewable projects
Reliance Money has announced that it will receive INR 3bn ($46 million) from IREDA for financing renewable projects across India.
European Investment Bank partners with International Solar Alliance, confirms €800m ($940m) Indian RE support scheme
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
MNRE urges Tamil Nadu to prevent curtailment of solar
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
Essel Infraprojects installs 55 MW solar in two Indian states
Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.
IESA presents ambitious India Energy Storage Policy
The Indian Energy Storage Association’s Forum 2017 covered two broad topics – first, policy discussion on Electric Vehicles (EV), manufacturing and innovation in the energy storage sector. Secondly, the forum examined the integration of Energy Storage Systems (ESS) with the renewable energy sector.
REC Group brings globally successful channel programs to India
REC, one of the biggest European brand of PV panels, is expanding in India with Redington as designated partner.
Sachin Tendulkar bats for solar, plays straight drive by lighting up rural areas in India
The Bharat Ratna awardee and India’s most beloved cricketer, Sachin Tendulkar has collaborated with Schneider Electric for its “Spreading Happiness in Diya Foundation (SHIF)” campaign with solar home lighting systems.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
Tamil Nadu cancels 500 MW of solar projects
The government of the Tamil Nadu state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.
Azure Power to install 1.3 MW of rooftop PV on Ministry of Health and Family Welfare facilities
The Indian developer has secured another solar rooftop project for buildings owned by the Indian government.
