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).
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.
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.
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.
Solar energy Corporation of India (SECI) has issued a tender for an 8MW grid-connected rooftop solar project at Banaras Hindu University (BHU), Varanasi, in the state of Uttar Pradesh.
India’s Ministry of New and Renewable Energy (MNRE) has sent a letter to states regarding the spare capacities in existing substations to accommodate the rapid additions of solar capacity.
