Indian clean energy developer ReNew Power has acquired Ostro Energy Private Ltd for an undisclosed sum in what is one of India’s largest ever renewable energy deals.
Softbank Vision Fund (SBVF) and GCL Group holding company have signed a memorandum of understanding (MoU) to launch a US$930 million joint venture in the Indian state of Andhra Pradesh, primarily to manufacture PV ingots, wafers, solar cells and modules.
Just after analysts had said India’s solar quality control standards lacked clarity and investment in testing labs, the Ministry of New and Renewable Energy (MNRE) has brought forward the enforcement date in an attempt to ensure that quality control benefits the industry as soon as possible.
Indian power minster R.K. Singh has urged the Indian solar industry to look abroad and set up projects in member countries of the International Solar Alliance (ISA).
Indian power minister R.K. Singh has chaired a meeting with battery-based energy storage manufacturers calling on them to set up manufacturing units in India.
Indian state-run power firm National Hydroelectric Power Corporation (NHPC) has completed a 50MW solar PV project in the state of Tamil Nadu, according to a Bombay Stock Exchange filing.
