Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
One of the world's largest employers set to progress with renewable ambitions by installing 500MW on rooftops, another 500MW on land and adding 200MW of wind by 2021-22.
Market research firm, IHS Markit expects global solar installations to continue double-digit growth rates in 2020, forecasting new installs to hit 142GW, a 14% increase over 2019.
SECI approves scheme that will see annual PV batches of 500MW deployed potentially anywhere in India every year until 2025, with supply underpinned by PPA with US$0.041/kWh tariff.
World organisations team up to help 100 countries ramp up green energy ambitions ahead of make-or-break 2020, amid claims that China, US and India hold terawatts in unused potential.
Purchase of 25% stake in AEML division by sovereign wealth fund QIA will fund plans to power part of one the world's largest cities with solar and wind.
ReNew Power, India’s largest renewable energy independent power producer, has signed off on joint venture partnership with South Korea’s GS E&C to help develop a 300MW PV project in Rajasthan, India.