A 5 MW open-access solar project in Karnataka is India’s first fractionally owned, ground-mount PV plant. Bengaluru-based Pyse is financing the INR 26 crore ($3.3 million) project through its investment platform, which allows retail investors to own a stake for as little as INR 10,000.
The Bengaluru-based renewable energy producer has signed an Expression of Interest with the Government of Karnataka to invest around INR 120 billion ($1.54 billion) in developing 2 GW of solar and wind projects in the state.
Renewables developer Acme Cleantech Solutions has signed a deal with the Karnataka government to invest INR 52,000 crore ($6.7 billion) in a new plant capable of producing 1.2 million tons of green hydrogen and ammonia per year, co-located with a captive solar plant.
Pharmaceutical supplier Cipla says it has started operating an additional 16 MW of capacity at its 30 MW captive solar plant in Maharashtra. It has also switched on a hybrid captive plant in Karnataka, featuring 9 MW of solar and 2.7 MW of wind.
The NYSE-listed Indian solar developer has signed an Expression of Interest (EoI) with the Karnataka government to establish 1.7 GW of solar, wind, and hybrid renewable energy capacity in the state.
The private-sector producer has announced its 225MW solar plant for JSW Steel under group captive scheme is now operational.
The open-access solar facility, located in the Raichur district of Karnataka, shall supply electricity under a 25-year power purchase agreement (PPA) with Bosch Limited.
The open-access solar project under group captive mode will supply power to one of the global pharmaceutical companies.
The Nambiar Bellezea luxury villa community in Bengaluru has got a 160 kW rooftop solar plant installed for its clubhouse, alongside 3-6kW installations on more than 20 villas. The 160kW club installation is powered by 320 numbers of Trina 500 Wp solar modules coupled with 320 Enphase IQ7A micro-inverters.
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