Rajnesh Trivedi, senior director, sustainable investment banking at Yes Bank India, discusses how Green Bonds can alleviate the major obstacles of financing for renewables in the subcontinent.
Energy storage is to be included in India’s state-run solar energy tenders for the first time under plans to help smoother integration of renewables into the grid.
Ontario-based semiconductor manufacturer Solantro Semiconductor is partnering with tracker company Smarttrak to help with remote management of PV trackers in India.
Steel giant ArcelorMittal plans to build a 500-600MW solar plant in the Indian state of Karnataka after it backed out from plans to build a six million tonnes per annum steel mill.
French firm Engie, formerly GDF Suez, the largest independent power producer in the world, will announce a strategy for its transition away from fossil fuels in the coming weeks.
India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
Indian conglomerate RattanIndia Power plans to use a 324 hectare site in Punjab, which was originally pegged for a thermal power plant, to build a 200MW solar PV project.
The Indian state of Uttarakhand has invited expressions of interest for setting up 44MW of grid-connected rooftop solar PV and small-scale solar capacity in the state.