India added around 11.1GW of solar capacity from January to November, which is a 249% jump on installations for the same period last year, bringing its installed renewables capacity to roughly 104GW, according to research by JMK Research
Indian independent power producer (IPP) Azure Power has received a letter of award (LOA) for its first 150MW interstate transmission system connected (ISTS) solar-wind hybrid project with the Solar Energy Corporation of India (SECI).
Source confirms reports claiming Actis is to take over large-scale portfolio, boosting market footprint for investor already targeting Indian solar through dedicated unit.