Indian independent power producer (IPP) Inox Clean Energy has acquired the Macquarie-owned Vibrant Energy, which operates a 1,337MW commercial and industrial-focused renewables portfolio across India.
India has installed 9.56GW of rooftop solar capacity under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY), according to government data presented in Parliament.
New system-level modelling from the Australian Centre for Advanced Photovoltaics (ACAP) has revealed that achieving ultra-low-cost solar targets could create a 2,000GW-scale solar PV market in Australia.