Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.
The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.
The Andhra Pradesh Power Generation Corporation releases tender details of $70 million solar project to be built in Talaricheruvu.
The Chinese solar and PV cell manufacturer and India’s largest independent solar power company are looking to invest in a large-scale solar power project in the Indian state of Telangana.
A record 12 months in store for the Indian solar market say the analysts, who expect a 130% increase in annual installations compared to 2016.
Battery storage, smart grid and energy efficiency sectors experienced YoY increase in venture capital funding in Q1 2017, finds the latest report by Mercom Capital Group. QoQ increase reported in all but battery storage.
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.
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