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.
Danish investment firm Copenhagen Infrastructure Partners has signed an agreement with Amp Energy to enable the addition of 1.7GWp of renewables projects in India.
It is “unhealthy” for China to dominate solar manufacturing and production bases outside of the country are necessary to reduce the risk of supply chain disruptions, an Indian government official has said.
