Azure Power places order for 600 MW of First Solar modules
US manufacturer First Solar will supply its first ‘made in India’ PV modules to Indian developer Azure Power.
Assam chief minister inaugurates Azure Power’s 90 MW solar project
The solar project, the largest in the state, will supply power to Assam Power Distribution Co. Ltd under a 25-year power purchase agreement.
Premier Energies, Azure Power partner on solar cells, modules
Premier Energies and Azure Power have signed a strategic alliance under which Azure will invest in Premier’s 1.25 GW mono PERC cell and module facility in Telangana. It will also source 2.4 GW of solar modules from the plant over the next four years.
Indian renewable energy sector recorded $14.5 billion investment in FY2021-22
The investment needs to more than double to $30-$40 billion annually for India to reach the 2030 renewables target of 450 GW.
Azure Power appoints new CEO
NYSE-listed Azure Power has appointed IndiGrid’s Harsh Shah as its new chief executive officer. Shah succeeds Ranjit Gupta, who left Azure Power after contributing to the company’s growth for three years.
Assam’s largest solar plant now fully operational
Azure Power has declared that its 90 MW solar project in Assam is now fully online. It commissioned the capacity in phases, and only recently switched on the final 25 MW section.
Azure Power to develop 1.7 GW of renewable energy projects in Karnataka
The NYSE-listed Indian solar developer has signed an Expression of Interest (EoI) with the Karnataka government to establish 1.7 GW of solar, wind, and hybrid renewable energy capacity in the state.
Azure net loss reduces 44% in Q3 as revenue grows
The NYSE-listed Indian solar developer reported a net loss of INR 610 million (US$ 8.2 million) for the quarter ended December 31, 2021 against INR 1,088 million for the corresponding period in the previous year.
Azure Power refinances its 600MW Rajasthan solar project at the lowest rate of interest in its portfolio to date
The Indian developer has refinanced its existing term loan of INR 23.50 billion (US$ 313 million) for the 600MW solar project at an interest rate of 7.2% per annum, fixed for 42 months.
Ecoppia’s full robotic cleaning suite lands job at Azure Power’s 400MW solar site
The Israeli robotic cleaning specialist will deploy its E4, T4 as well as the latest H4 products for the Indian developer’s 400 MW solar project that combines fixed-tilt and single-axis trackers.
