Indian developer Mytrah energy has received a direct loan facility of up to US$175 million from the Asian Development Bank (ADB) to help fund the development of solar and wind projects in Mytrah’s pipeline.
The Indian state of Gujarat has introduced a subsidy for residential grid-connected rooftop solar systems on top of any benefits provided by India’s Central government.
India could file trade cases against the US over violation of World Trade Organisation (WTO) norms related to the protection of solar panel producers in various US states, says energy minister.
The financial woes of US developer SunEdison would only have a small impact on India’s overall solar deployment targets and any incomplete PV projects would be retendered immediately, Tarun Kapoor, joint secretary of India’s Ministry of New and Renewable Energy (MNRE) has told PV Tech.
Indian state-owned utility NTPC has given the go ahead for investment in 510MW of solar PV projects in the states of Madhya Pradesh and Rajasthan, according to a filing on the Bombay Stock Exchange (BSE).
NTPC-SAIL Power Company Private (NSPCL), a joint venture between Indian state-owned utility NTPC and Steel Authority of India, is tendering for the development of a 50MW solar PV project near to the Salem Steel Plant (SSP) in Salem District in the state of Tamil Nadu.
TerraForm Global has sued its struggling parent company, SunEdison, accusing it of misappropriating funding meant for completing and transferring renewable energy projects in both India and Uruguay.
The Indian state of Haryana recently launched a new solar power policy. Jyoti Gulia, senior manager, market intelligence, at Bridge to India, discusses the details of the new policy and targets.
Azure Power Global has filed an amended F-1 form with the US Securities and Exchange Commission (SEC) for its impending US IPO, with plans to raise around US$100 million.
Indian state-owned utility NTPC has issued a request for selection (RfS) for solar developers to set up a 250MW solar PV project in the Kadapa Ultra Mega Solar Park in Kadapa District of the state of Andhra Pradesh.
