State Bank of India (SBI) is to lend INR23.17 billion (US$357 million) to seven companies for 575MW of grid-connected rooftop solar projects under a World Bank programme.
Kulachi Solar Power Project (Private) Limited is tendering for EPC services on a 50MW solar PV project near Kulachi, in the Khyber Pakhtunkhwa (KP) Province of Pakistan.
Indian railway minister Piyush Goyal has launched 5MW of rooftop solar projects at Hazrat Nizamuddin, New Delhi, Anand Vihar and Delhi railway stations.
India’s Ministry of New and Renewable Energy (MNRE) is finalising laws that will include penalties for state governments and distribution companies (Discoms) that do not honour power purchase agreements (PPAs), according to power minister R.K. Singh.
Kerala’s solar industry is growing well, however it faces a burden in the form of a cap on the percentage of solar that can be added to any single transformer.
Tata Power Delhi Distribution Limited (Tata Power-DDL) and German government-owned entity GIZ have signed a memorandum of understanding (MoU) to work jointly on promoting rooftop solar, energy storage systems, EVs and smart grid initiatives.
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.
