KKR, Hero Group to invest $450 million in Hero Future Energies
The investment will support Hero Future Energies in expanding its renewable energy capacity. The Indian independent power producer has a diversified portfolio of 1.6 GW of operating solar and wind projects.
First Solar secures 600 MW order for ‘made-in-India’ PV modules
US manufacturer First Solar will supply its thin-film panels to Indian developer Azure Power.
India’s Jreda launches tender for 2 MW canal-top solar project
Jharkhand Renewable Energy Development Agency (JREDA) has invited bids to build a 2 MW grid-connected solar project on top of the Sikdiri Canal in the Ranchi district. Bidding closes on October 6.
Canadian pension fund invests in Mahindra’s renewables arm
Mahindra Group has agreed to sell a 30% equity stake in Mahindra Susten to the Ontario Teachers’ Pension Plan for around $300 million. The two parties have also agreed to set up an infrastructure investment trust so Mahindra Susten can strengthen its solar, hybrid energy, and integrated storage businesses, as well as its round-the-clock green energy plants.
Tata Power secures EPC contract to build 125 MWp floating solar project
Tata Power Solar has secured an engineering, procurement and construction contract for a 125 MWp floating solar project in the Indian state of Madhya Pradesh.
Indian developer unveils plan to install 1.5 GW of hybrid wind-solar
Serentica Renewables plans to install and commission 1.5 GW of solar and wind capacity in 24 months to serve energy-intensive industries in India.
Avaada wins 300 MW Indian PV tender with $0.036/kWh bid
Avaada has agreed to supply electricity from 300 MW of PV capacity to Maharashtra State Electricity Distribution Co. (MSEDCL) on a long-term basis.
Amp Energy to manufacture solar cells, modules
Amp Energy has agreed to partner with Websol Energy to produce up to 1.2 GW of monocrystalline PERC solar cells and modules.
Reliance Industries to acquire majority stake in US solar startup
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.
India tenders 2.25 GW of round-the-clock power from renewable hybrids
Prospective developers in Solar Energy Corp. of India’s (SECI) latest tender will set up renewable energy projects to supply round-the-clock power. The projects can be located anywhere in India. Bidding closes on Oct. 10.
