REC, one of the biggest European brand of PV panels, is expanding in India with Redington as designated partner.
The Bharat Ratna awardee and India’s most beloved cricketer, Sachin Tendulkar has collaborated with Schneider Electric for its “Spreading Happiness in Diya Foundation (SHIF)” campaign with solar home lighting systems.
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
The government of the Tamil Nadu state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.
The Indian developer has secured another solar rooftop project for buildings owned by the Indian government.
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
At EU PVSEC 2017, which took place in Amsterdam last week, two companies presented Polyolefin-based backsheet performance and claimed these are superior to polyester-core-layer-based backsheets.
The Dichpally solar plant is the largest joint-venture project between Hareon Solar Technology and ReNew Power Ventures in India.
Net proceeds from the bond will be used to finance the construction of several large-scale solar and renewable energy projects across India.
The government of Tamil Nadu this week signed MoUs with four companies to set up solar plants, after 16 companies successfully bid for 1.5 GW of capacity.
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