karnataka

ACEN has partnered with UPC Renewables to build two renewable projects in Rajasthan and Karnataka, India. 

Emmvee has secured INR15 billion (US$174 million) order for TOPCon bifacial solar modules from KPI Green Energy. 

BluPine Energy has raised INR2,416 million (US$290 million) debt sanctions for its 150MW power project in Aland, Karnataka.

US independent power producer (IPP) Enfinity Global has secured US$135 million in financing for a 1.2GW solar and wind portfolio in India.

Gujarat and Karnataka are well prepared to continue the electricity transition and have integrated renewables into their power sectors.

Vibrant Energy said the project financing worth INR22 billion (US$267.9 million) provided by Indian non-banking financial entity Power Finance Corporation will be used for the wind-solar hybrid projects located in Madhya Pradesh and Karnataka.

Renewable energy company Vena Energy has reached financial close on a 176MW solar and wind project in India.

Indian solar manufacturer Emmvee has signed a memorandum of understanding with the government of Karnataka to set up a 3GW cell and module production plant in the state.

Finnish utility Fortum has secured a deal to divest two solar projects in India totalling 500MW of capacity to private equity firm Actis.

German firm's largest PV project to date completed in Karnataka.