Mytrah Energy might cancel its listing on the Alternative Investment Market (AIM) in London before launching its tentatively planned initial public offering (IPO) in India, according to a recent report.

Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.

The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.

The National Thermal Power Corporation Ltd (NTPC), India’s largest power generation company, is seeking pan-India license to accelerate its electric vehicle charging stations business.

The Finnish utility has reiterated its commitment for the Indian PV market, after a media article had reported that the company is seeking to sell its solar assets in the country.

The Indian energy solution provider Jakson is making an INR 7 billion ($0.11 billion) investment to build 1 GW of solar module manufacturing capacity and a 250 MW solar cell manufacturing plant in Gujarat.

Bürkle has optimized its current process time for glass-backsheet and glass-glass modules by more than 20%, which will reduce the manufacturing cost per module by up to 10%, depending on the module configuration.

Fortum will collaborate with NBCC, India to develop 150 electric vehicle (EV) charging stations in India over the next 18 months, while ABB has bid for the tender to provide 4,500 charging stations across the country.

The Clean Energy Access Network (CLEAN) has requested lithium-ion battery OEMs to demonstrate the efficacy of mini grids in the range of 15-20 kW, based on a lithium-ion battery storage system.

Mahindra Susten won the auction for 20 MW/28MWh with the final all-in price of INR 2.99 billion ($46 million).