The Indian state-owned technology company issued an expression of interest to seek potential partners to expand capacity at its module manufacturing facility in Uttar Pradesh, India.
The Indian independent power producer has commissioned the largest solar PV project in the Indian state of Telangana, where it is looking to grow its solar portfolio to 510 MW over the next few months.
Rays Power Infra Pvt. Ltd. has switched on a 78 MW solar PV project, expanding its market share in the northeastern state of Uttarakhand to 40% and bringing major benefits to local farmers.
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
The developer — a venture between Japanese telecoms giant SoftBank, New Delhi-based conglomerate Bharti Enterprises and Taiwanese contract manufacturer Foxconn — has commissioned its first project in the country in Kurnool district, in the state of Andhra Pradesh.
Based on reports, an infrastructure fund of Australia-based Macquarie Group has acquired a large solar portfolio from India’s Hindustan Power.
Winning bid for 250 MW solar project in NTPC-tendererd auction in Andhra Pradesh by Solairedirect is 4.5% lower than previous record price of $0.0494/kWh set earlier this year at the Rewa auction.
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
In its largest ever support for solar power in Asia, the European Investment Bank (EIB) has confirmed a €200 million ($214 million) loan to the State Bank of India.