Although the Windforce clean power developer controlled by garment maker Hirdaramani has not been forthcoming in response to pv magazine, it is reportedly considering installing 20-50 MW of solar and/or wind power capacity in the nation.
pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.
The project will be developed under a credit line facility from the Exim Bank of India.
The Chinese manufacturer says the first products exited the factory 11 days after mass production started. The panels were launched by the company late last month.
A planned 10 MW solar project will be coupled with a storage system with a minimum capacity of 8 MWh. The facility will be near Hambantota in southern Sri Lanka.
U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.
The funds will be used to finance the Battle for Solar Power Programme, a loan scheme for households and businesses willing to install rooftop PV under net metering or net accounting mechanisms.