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China key to growth of green bond market in 2016

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.

Solarpack secures financing for 135 MW of solar in Chile and India

The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.

India’s tariffs sink lower

A downward trend for the solar tariffs in India continues, with a new record low produced in a tender for a 50 MW solar power plant in Rajasthan.

India misses 2016 renewable target by 5 GW

Despite installing record capacities of solar power, India’s renewable energy additions for financial year 2016-17 were 11,319.17 MW – some 5,340 MW below the targeted capacity, data shows.

India: Andhra Pradesh tenders 100 MW solar project

The Andhra Pradesh Power Generation Corporation releases tender details of $70 million solar project to be built in Talaricheruvu.

Hareon Solar, Azure Power to develop 118 MW PV project in India

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.

India to add 10 GW of solar this year, forecasts Mercom Capital

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, efficiency companies raise $ 435 million in VC funding in Q1

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.

India’s Central Electronics Limited seeks partners to expand capacity of PV module factory

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.

India: ReNew Power switches on 143 MW solar farm in Telangana

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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