French developer SolaireDirect has won a 75MW solar project in the Indian state of Uttar Pradesh quoting viability gap funding (VGF) of INR7.435 million/MW (US$110,527).
Devona Power Systems, a subsidiary of Indian conglomerate RattanIndia Power, has been awarded a 50MW PV project in Allahabad in the Indian state of Uttar Pradesh by the Solar Energy Corporation of India (SECI).
Montreal-based fund manager Caisse de dépôt et placement du Québec (CDPQ) plans to make a US$150 million investment in renewable energy in India by targeting hydro, solar, wind and geothermal power assets.
US-based solar firm Ahana Renewables, a subsidiary of investment firm Atlantic Tele-Network (ATN), has purchased the development business of India-based PV company Armstrong Energy Global in order to develop 250-350MW of solar projects in Southern India by 2018.
The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project at Rangreek in the mountainous state of Himachal Pradesh.
The Indian state of Karnataka’s 1.2GW solar auction, which invited bids for capacities of up to 20MW at a time in separate localities, has lowered the transparency of the tender process for solar developers, according to the latest update from consultancy firm Bridge to India.
India is targeting an ambitious 40GW rooftop solar by 2022 even after a slow start in this sector. Anand Nagarajan, founder of Dexler Energy, discusses the potential for solar rooftop technology in India, consumer attitudes and the intricacies of an unsubsidised industrial and commercial sector.
The Indian state of Uttarakhand has invited applications for the installation of 10MW of grid-connected rooftop PV and small-scale solar systems of 5kW size each.
A levy, or cess, on coal and other fossil fuels in India will be doubled from INR200 (US$2.93) per tonne to INR400 per tonne, under the latest Budget announced today by minister of finance Arun Jaitley.
