Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, according to the head of the India Energy Storage Alliance (IESA).
Vietnam-based infrastructure investment firm Bamboo Capital (BCG) has signed a cooperation agreement with China-based firm Unisun Energy Group and German company Coara Solar to work on a 40MW solar project in Thanh Hoa district, Long An Province, Vietnam.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
The largest solar park in the world at Kurnool in the Indian state of Andhra Pradesh, is due to be fully grid-synchronized tomorrow, making it the first ever solar park to reach 1GW.
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
IEA finds renewables investment down 3%, Huntec to build 370MW in Mexico, Meeco to build 57 small-scale systems in Guyana, Enel and SeedWorld collaborate to find Africa energy startups.
Brazil has released its long-awaited 10-Year Energy Expansion Plan proposition, PDE 2026, projecting the country to reach more than 13GW of solar PV deployment by 2026.
Indian solar manufacturer and EPC firm Tata Power Solar has commissioned an innovative 3MW hybrid solar PV project at Tata Steel’s Noamundi iron ore mine.