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.
Electrical equipment group Havells and Israeli inverter maker SolarEdge have revealed plans to provide inverter solutions for 50 MW of residential, commercial and industrial rooftop solar projects across India in financial year 2017-18.
The Indian clean energy developer secures yet another contract to expand the electrification of Indian Railways using solar power.
Indian Prime Minister Narendra Modi launches ‘Saubhagya’ scheme with goal to provide electricity to entire country via heavy reliance on solar power.
Siemens Gamesa has been commissioned to move forward with the coupling of a newly constructed 28.8 MW solar facility to an existing 50 MW wind farm, the company’s first and a noteworthy development for India’s solar market.
The company has further procured 2.8 MW of rooftop solar projects in Uttar Pradesh, which is expected to be commissioned by January 2018.
Jinchen Machinery Co Ltd, has commissioned 2 GW of manufacturing lines in India, and to continue its growth in the country the company is further planning to open its own service and spare part centers.
The leading automation equipment supplier installed 15 GW of module manufacturing lines worldwide in 2016, where 1.2 GW is installed in India.
A leading independent solar producer in India, Azure power has commissioned 50 MW solar power plant in Uttar Pradesh.
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