Acme Solar raises equity funding for its 250 MW project in Rajasthan
Danish fund IFU will hold 39% ownership and United Nations’ S3i 10% in Acme Solar’s 250 MW Rajasthan project. Acme holds the majority stake of 51%.
Acme retracts decision to abandon 600 MW solar in Rajasthan
A fresh petition filed with the regulator Central Electricity Regulatory Commission (CERC) shows the clean energy developer is not seeking discharge from the 2×300 MW solar project won at an INR 2.44/kWh (US$ 0.033/kWh) tariff in 2018.
Scatec enters Indian solar market
The Norwegian renewables business has acquired a 50% stake in Acme’s 900 MW solar project in Rajasthan. The project will benefit from a 25-year PPA with the Solar Energy Corporation of India.
Virescent Infrastructure acquires 76 MW of operating solar assets in India
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.
Rising Sun Energy seeking EPC partners for its 190 MW Rajasthan solar project
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.
REIL tenders 8 MW rooftop solar capacity in Rajasthan
Bidders have until May 10 to lodge their interest in installing and commissioning the grid-connected solar capacity at various training and educational institutions across the State.
NTPC tenders 1.2 GW of solar EPC work in Rajasthan
Bidders can compete for 50 MW-600 MW slices of the tendered grid-connected solar capacity. The deadline to lodge the interest is May 21.
ReNew Power commissions 110 MW solar project in Rajasthan
The solar farm benefits from a power purchase agreement with the Solar Energy Corporation of India at an INR 2.49/kWh (US $0.034/kWh) tariff. The electricity generated will be supplied to the state Discom of Rajasthan.
IIT Jodhpur to get a 1 MW rooftop solar plant
Domestic bids are invited to install and commission a 1 MW captive rooftop solar plant at the Indian Institute of Technology Jodhpur. Operation and maintenance of the plant for ten years also falls under the bidder’s scope. Bidding closes on April 26.
Adani Green Energy raises US$ 1.35 billion in debt funding
The developer has secured the revolving fund from 12 international banks. It would use the amount to initially finance its 1.69 GW hybrid portfolio of solar and wind projects to be set up in the Indian state of Rajasthan.
