india

Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.

Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for 750MW of grid-connected solar PV projects in the state of Rajasthan.

Indian renewable energy firm Suzlon Energy Ltd has sold two solar subsidiaries to CLP Wind Farms (India) Private Ltd.

Following recent announcements from the government departments administering India’s solar PV growth ambitions, the country is now in the process of working out how to expand its domestic upstream manufacturing capacity, at a time when the PV industry is going through a period of rapid technology-change and supplier competition.

Credit line from Exim Bank to help build 35MW of PV capacity in the African country through three facilities in Karawa, Mbandaka and Lusambo.

The investment is to help Vineet Mittal's company rapidly scale up its PV capacity in India.

SECI follows through with its tender promise earlier this month as the public sector solar scheme starts to ramp up.

India continues with 1.2GW of PV in Madhya Pradesh, 275MW in Uttar Pradesh, and a significant solar-plus-storage tender in Andhra Pradesh, while the prime minister approves the 'National Mission on Transformative Mobility and Battery Storage'.

Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.

The government will watch early tenders with a view to possibly including ingots, wafers and polysilicon to the domestic content mandate.