India: new 200 MW tender issued at Pavagada solar park
Tender adds to previous 250 MW of solar power that was retendered at the Pavagada solar park in Karnataka by the NTPC.
India’s 1 GW Kurnool solar park on verge of grid synchronization
Commissioning of the ultra-mega solar plant due tomorrow following completion of final developers’ portions of capacity. Kurnool solar park will become world’s largest operational PV plant.
India: GVMC calls for 2 MWp floating PV plant bids
The floating solar PV project will be located at Mudasarlova reservoir in the Indian state of Andhra Pradesh.
IFC invests $103m in India’s solar green bonds
The private sector financing arm of the World Bank has subscribed to India’s first official Green Bonds via a $103 million investment in L&T Infrastructure Finance Company, which is a subsidiary of L&T Finance Holdings.
India’s solar goal makes it global frontrunner in climate change fight, says World Bank
The global lending institution praises India’s solar program in new report, noting how clean energy sources are beginning to displace coal at a sweeping rate.
India’s Rural Electrification Corporation issues $450 million green bond in UK
The 10-year green bond paying a hefty annual yield of 3.965% stirred up strong interest of investors on the London Stock Exchange.
India: ACME Solar receives $108m funding injection from Piramal
Haryana-based solar power developer has received financing in the form of flexible credit, designed to allow ACME Solar to draw on and repay funds over the duration of the loan agreement.
Attainable target: India can integrate 175 GW of RE into the grid, study finds
Integration of 175 GW of renewable energy into India’s grid is technically and economically viable, a study shows, further strengthening the government’s resolve to redesign the electricity generation system.
India: Telangana state confident of passing 5 GW solar threshold by 2019
State officials believe that Telangana can surge from current installed base of 1.3 GW to surpass 5 GW over the next couple of years via its decentralized model of solar development.
India: new record-low solar tariff in Tamil Nadu
Price of INR 3.47 ($0.053)/kWh set at the 1.5 GW TANGEDCO solar tender by developer Raasi Green Earth Energy, which will develop 100 MW of solar PV at that tariff.
