Acme Solar raises $334 million via offshore green bonds
Indian developer Acme Solar’s green bonds were oversubscribed by over three times, and will support it financing twelve projects for a combined 450MW (or 605 MWp) of its operational assets in India.
Solar microgrid powers Indian health center
The Indian Institute of Science (IISc) Bangalore has installed a 5.2 kW solar system linked to 150 Ah of lead-acid battery storage in a project supported by the Sunrise program led by Swansea University, in Wales.
Belectric commissions 250 MW of solar in India
The utility-scale PV project, which Belectric built for Fortum Solar India across five sites, is the largest amount of solar capacity that the German EPC services provider has commissioned in the country thus far.
Avaada Energy to set up 2 GW of solar plants in India
Currently, the independent power producer has a portfolio of over 500 MW under India’s open access solar policy, with leading IT and manufacturing giants among its client base.
India added 1,836 MW of rooftop solar in last fiscal year
Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.
India well on track for 100 GW target, claims minister
The Minister for New and Renewable Energy has waved aside complaints about safeguarding duties by telling India’s upper house the nation’s ambitious four-year solar target is ‘comfortably’ within reach.
Greenko to buy Orange Renewable for $1 billion
Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, is set to buy the solar and wind portfolio of Orange Renewable. The move will constitute Greenko’s largest acquisition and will add 1 GW to its operational capacity to raise the company’s portfolio to 4.2 GW, just shy of the capacity held by ReNew Power Ventures, the country’s largest renewable energy company.
India: Utility-scale solar plants completed in Odisha, Karnataka
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
Fortum connects 100 MW PV plant in India
A 100 MW solar park in Tumkur District, Karnataka has been connected to the regional grid, reports project owner Fortum. The project is Fortum’s fourth project to be connected in India, and its largest so far, more than doubling its total capacity to 185 MW.
India’s Karnataka issues 860 MW solar tender
The state’s Karnataka Renewable Energy Development Limited (KREDL) announces tender for 43 individual solar plants located in taluks – small districts dotted across the state of Karnataka.
