Germany-based integrated PV and energy storage firm IBC Solar has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 20MW solar project in the Indian state of Odisha.
Indian utility NTPC has invited bids for 35MW of grid-connected solar PV projects across two states, with the requirement to source domestic solar equipment.
India recently proposed a new strategy of supporting its domestic solar manufacturers by allocating 7.5GW of local content tenders to Central Public Sector Undertakings (CPSUs), but analysts have identified a number of limitations.
Leading PV microinverter manufacturer Enphase Energy has expanded in India by adding Sun-AP Ecopower and Redington as two new distribution partners and establishing a presence in Chennai by appointing a strategic account manager.
Indian states are slowly adopting new forecasting rules that will force solar energy plant operators and Regional load dispatch centres (RLDCs) to provide more frequent and accurate projections of energy production or face penalties.
The Asian Development Bank (ADB) has raised US$1.25 billion to help finance climate change mitigation and adaptation projects by issuing dual-tranche five-year (US$750 million) and 10-year green bonds (US$500 million).
Delhi becomes the first ever green Metro, World Bank launches Pacific PV map, IBC Solar completes Turkey plant, PG&E funds multi-family solar programme, ACC and Huali complete rooftop project.
