Camel death sparks debate over siting solar in deserts
The sharp-edged angles at a solar installation site in Rajasthan injured a camel so severely that it bled to death.
MUFG closes US$ 163 million finance for Azure Power’s 300 MW solar project
The latest transaction follows MUFG’s commitment to the debt funding facility for Adani Green’s under-construction hybrid portfolio of solar and wind projects in Rajasthan.
NTPC seeks offtakers for 735 MW Nokh solar project
Applications are invited for procurement of power generated from NTPC’s 735 MW solar power project in Nokh, Rajasthan. To qualify, the applicant must have a sanctioned load greater than 2 MW.
Now Acme gets Brookfield for a 450 MWp solar project in Rajasthan
After raising equity investment for a 250 MW project, the Indian developer has signed a deal with Brookfield Renewable to develop a 450 MW solar project in Rajasthan.
Fortum to sell off 500 MW of India solar assets to Actis
The Finnish clean energy company, which works primarily on a build-operate-transfer model in India, has signed the agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately EUR 280 million and will enable Fortum to invest in building new projects.
Acme Solar raises equity funding for its 250 MW project in Rajasthan
Danish fund IFU will hold 39% ownership and United Nations’ S3i 10% in Acme Solar’s 250 MW Rajasthan project. Acme holds the majority stake of 51%.
Acme retracts decision to abandon 600 MW solar in Rajasthan
A fresh petition filed with the regulator Central Electricity Regulatory Commission (CERC) shows the clean energy developer is not seeking discharge from the 2×300 MW solar project won at an INR 2.44/kWh (US$ 0.033/kWh) tariff in 2018.
Scatec enters Indian solar market
The Norwegian renewables business has acquired a 50% stake in Acme’s 900 MW solar project in Rajasthan. The project will benefit from a 25-year PPA with the Solar Energy Corporation of India.
Virescent Infrastructure acquires 76 MW of operating solar assets in India
US investor KKR-backed Virescent Infrastructure has acquired Singapore-based Sindicatum Group’s operating solar assets in three Indian states. The acquired PV projects benefit from long-term power purchase agreements with government counterparties.
Rising Sun Energy seeking EPC partners for its 190 MW Rajasthan solar project
The developer has issued a tender to select EPC partners for the grid-connected solar capacity in Nokh Solar Park of Rajasthan. Bidding closes on May 12.
