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.
Ministry of New and Renewable Energy to set up a committee to help resolve disputes between solar or wind developers and the two major state-run off-takers.