India

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.

The Finnish power utility has completed its third large-scale PV plant in India. The 70 MW Bhadla solar park is located in the state of Rajasthan.

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.

The project, comprising two 65 MW solar farms at Bhadla, Rajasthan, has been built by Vikram Solar for India’s National Thermal Power Corporation. Azure Power, meanwhile, wins tender to develop 46 MW of rooftop solar for Indian Railways.

India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.

The Indian independent power producer takes a giant step in building up its presence in the Indian state of Karnataka with a 130 MW project.

Hindustan Power’s clean energy arm is growing its solar portfolio in the sunny state of Punjab with a 50 MW power plant.

The Texas-headquartered firm will provide grid stability for Power Grid Corporation of India Limited in Puducherry with its flow battery systems.

National Thermal Power Corporation addresses concerns regarding infrastructure issues at the Pavagada Solar Park in the retendering of five, 50 MW blocks of capacity.

Investment by a Russian firm in the Indian solar sector sees Miyota Power India – a joint venture between state-controlled JSC Minneftegasstroi and Akis Tech – collaborate with Al Ameen Green Energy on Tamil Nadu PV plans.