Engie in talks to develop solar roofing partnership in India – reports
French clean energy developer Engie is reportedly discussing a partnership with Indian roofing manufacturer Everest Industries to develop “solar-ready” rooftop solutions for the under-served distributed generation market.
British university to drive £7m Indian BIPV solar project
Swansea University will lead a consortium of 12 British and Indian universities on a £7 million project to build five solar-powered buildings in remote Indian villages that will be fully self-sufficient.
India H1 solar installs surpass last year’s 12 month total, finds Mercom report
Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.
India energy ministry plans 7.5 GW support program for domestic solar manufacturing
The Ministry of New and Renewable Energy has initiated the second phase of its CPSU program to provide installation capacity totaling 7.5 GW of solar projects made using domestically manufactured solar cells and modules.
India’s Heavy Engineering enters solar module production
The Indian industrial conglomerate is currently planning to build a 150 MW vertically integrated PV panel manufacturing facility.
Goldman Sachs, Tennenbaum buy Conergy’s Asia business
A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
State Bank of India’s 600 MW plan for rooftop solar moves forward
The $625 million program, which is being financed by the World Bank, will provide private developers with financing for viable grid-connected rooftop PV projects.
India: Azure Power to issue $500m solar green bond
The green bond offering will be the first of its kind to be issued in India, and comes via Azure Power’s stated aim to continue promoting and investing in renewable energy in the country.
IDFC acquires 190 MW of Indian PV projects from First Solar
The infrastructure fund of IDFC Alternatives has signed an agreement to purchase 190 MW worth of solar PV assets from First Solar Power India, an affiliate of First Solar Group. The projects are located om the states of Andhra Pradesh and Telangana.
NTPC looking for off-taker for 250 MW Kadapa solar park, after APSPDCL refuses to sign PPA
A total of 250 MW of capacity at Andhra Pradesh’s Kadapa solar park has a 13-month completion timeframe from the date of signing of the power purchase agreement. These plans are now put on hold as APSPDCL withdraws from the deal, as once a record low solar power tariff turns into too high a price.
