Delays in solar PPA signing combined with a petition from developers has led to significant project commissioning deadline extensions in the Indian state of Uttarakhand, according to consultancy firm Mercom Capital Group.
India’s green bond market took off this year becoming the seventh largest labelled green bond issuer with US$2.7 billion issued as of 12 October, according to the Climate Bonds Initiative (CBI).
Tata Power Renewable Energy has signed a power purchase agreement for a 100MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI).
India’s largest utility NTPC plans to set up 50MW of solar power projects combined with battery energy storage at Port Blair in the Andaman and Nicobar Islands.
The distribution companies (Discoms) of Rajasthan, which were the highest loss-making in all of India, could be the first to turn around a profit in 2017, according Piyush Goyal, minister of power, coal, new and renewable energy and mines.
The losses of Indian distribution companies (Discoms) that have joined the government’s major rescue package Ujwal Discom Assurance Yojna (UDAY) could more than halve from their current level by FY2019, according to new research from global analysis firm CRISIL.
Silicon Module Super League’ (SMSL) member Canadian Solar has forayed into India’s downstream solar sector by partnering with local firm Suzlon Group to develop two 15MW PV farms in Telangana.
India’s cumulative solar PV capacity has now reached 8,626MW as of 30 September this year, according to figures from the Ministry of New and Renewable Energy (MNRE).
