Evren has secured US$600 million in financing to develop a 1GW hybrid firm and dispatchable renewable energy (FDRE) portfolio across Andhra Pradesh and Rajasthan.
Work has begun on the 500MW Maun solar-plus-storage project in Botswana, which will be a cornerstone of the country's plan to reach 1.5GW of operational renewable energy capacity by the end of the decade.
As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.