Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.
Indian IPP Avaada Energy is in the process of implementing 2GW of open access solar plants in states like Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. Avaada currently has a portfolio of over 500MW of open access solar plants for various commercial and industrial companies.
Major PV inverter manufacturer, Sungrow Power Supply Co is preparing for a renewed push in the Indian market having already passed 4GW of deployment in the country.
Zurich firm cites bleak outlook of global inverter segment as it moves to offload liability-ridden unit to Italian group FIMER, in return for hefty compensation.
Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.