The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.
The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.
The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.
The Indian manufacturer has introduced wall-mount hybrid solar inverters with nominal power ratings of 3.68 kW, 4.6 kW and 5 kW. The inverters are compatible with both lead-acid and Li-ion battery.
UK-based Gravitricity will begin with pilot demonstration of its gravity energy storage systems in India as it eyes broader deployment in the long term.
The state government is accepting bids to deploy RESCO mode rooftop solar plants on government buildings in the state. Bidding closes on December 19.
Indian scientists have designed a thin-film solar cell that uses a mineral made of binary copper(II) and bismuth(III) oxide. They identified a cell design with a tin sulfide buffer layer that offers efficiencies close to 27.7%.
BluPine Energy, launched earlier this year by UK investor Actis, targets 4 GW of utility-scale solar, wind and storage projects in India by adopting a buy-and-build strategy.
The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.
India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations
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