Many Indian solar PV projects are performing poorly because intense pressure to reduce costs is leading to developers and contractors selecting poor quality components with sub-optimal designs, according to consultancy firm Bridge to India.
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
Power Grid Corporation of India Limited (PGCIL) has sought loan assistance of US$1 billion from the Asian Development Bank (ADB), according to energy and mines minister Piyush Goyal.
India’s government will provide central finance assistance (CFA) for 100MW of grid-connected rooftop solar projects in the state of Tamil Nadu, according to Mercom Captial Group.
State-owned firm Indian Railways, which carries 23 million passengers everyday, is targeting 5GW of solar by 2025 in partnership with global development organisation UNDP.
France, Brazil, India and several other countries have signed a framework agreement as part of the International Solar Alliance (ISA) at the COP22 conference in Marrakech, according to Indian energy and mines minister Piyush Goyal.
IRENA and ADFD launch fifth US$50m funding round for renewables in developing countries, Jharkhand issues 5MW rooftop tender, Phoenix awarded 1.5MW EPC in Jordan for bank.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.
