Indian renewable energy firm, Tata Power Solar, a subsidiary of Tata Power, has commissioned a 100MW solar project under local content requirements in Anantapur, Andhra Pradesh.
The Indian state of Madhya Pradesh plans to extend its guarantee to developers bidding for capacity in the 750MW Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers.
Renewable energy developer Mytrah Energy has awarded a contract to PV inverter manufacturer Sungrow to provide 150MW of central inverters for its projects in the Indian states of Telangana and Punjab.
High costs of capital and low tariffs are causing extremely tight margins for solar developers in India. PV Tech caught up with Gaetan Tiberghien, principal investment officer, South Asia for International Finance Corporation (IFC), to discuss financing in the region.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for 100MW of grid-connected solar PV projects with large-scale battery energy storage systems at Kadapa Solar Park, Andhra Pradesh.
Chinese solar cell and module manufacturer Hareon Solar Technology is bouncing back after its US$90 million lawsuit last year with new investment in its PV business and a new partnership.
India’s green energy corridor plan has seen 250MW of transmission capacity completed around Anantpur with a further 1.25GW due in 2017 in the Andhra Pradesh state.
