Finland’s Fortum has signed an agreement to sell a 54% share of its solar power company that operates four solar plants in India, with an aggregate capacity of 185MW, to UK Climate Investments (UKCI) (40%) and Elite Alfred Berg (14%).
Indian developer Acme Solar has won a 50MW solar PV project in the state of Uttar Pradesh with a tariff of INR3.38/kWh (US$0.05) via an auction held by Solar Energy Corporation of India (SECI).
India has approved implementation of Phase-Ill of its ‘Off-grid and Decentralised Solar PV Application Programme’, which targets an additional 118MW off-grid solar PV capacity by 2020, in street lights, study lamps and home systems.
India’s newly-formed Directorate General of Trade Remedies (DGTR) will hold a public hearing regarding the case on whether to impose Safeguard Duties on imports of solar cells and modules on 26 June in New Delhi.
India updates quality control order, MNRE to develop construction standards for rooftop and off-grid PV, India nears 22GW solar capacity, Solar park developer rules updated.
Indian solar developer Azure Power has secured US$135 million in debt financing for 200MW of rooftop PV projects across India from a consortium of development finance institutions.
Neoen closes finance for 51MW Jamaica solar park, Enel starts production at Australia’s largest Solar PV Project, Vikram Solar commissions 10MW solar project in Madhya Pradesh.
Indian integrated power company Tata Power has signed off on a partnership with Coastal Gujarat Power Ltd (CGPL) to develop a universal rooftop solar installation for the entire village of Tunda in the Indian state of Gujarat.
The sanctioning of a tendering scheme for 2.5GW of hybrid wind and solar capacity in India, to be allocated through a transparent bidding process, has been branded as “the right step”, by consultancy firm Bridge to India.
