The Indian state of Tamil Nadu is planning to develop 4GW of additional solar projects as well as new battery energy storage systems, according to local media.
India-based renewables developer Adani Green Energy has raised US$750 million through a green bond offer, securing the debt and equity needed to reach a 25GW renewables target.
Reliance Industries is close to acquiring solar module manufacturer REC Group, according to media reports in India, as part of the conglomerate’s expansion into the renewable energy sector.
Azure Power is on track to increase its operating solar capacity by at least a third this fiscal year following a first quarter that saw the independent power producer (IPP) return to profitability.
India is on track to install an additional 4,580MW of solar capacity in the second half of 2021 after seeing deployment marginally increase in Q2, according to Bridge to India.
Indian independent power producer (IPP) ReNew Power has completed its planned business combination with RMG Acquisition Corporation (RMG II) and has today began trading on the NASDAQ
India’s Ministry of New and Renewable Energy (MNRE) has launched a study to evaluate the effectiveness of a policy designed to support large-scale solar projects in the country with a combined capacity of more than 25GW.
Three Indian manufacturers are said to be eyeing up investments in their solar manufacturing capacity as efforts to take advantage of protective measures and financial supports ramp up.
