Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.
India deployed a record 9,255MW of solar in 2017, up 94% from the previous year, but uncertainty and a slowdown looms in 2018, according to the latest quarterly report from consultancy firm Bridge to India.
Japan’s Jera Co, a joint venture between Tokyo Electric Power Group (TEPCO) and the Chubu Electric Power Group, has acquired a 10% stake in Indian renewables firm ReNew Power Ventures Private Limited.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.
Chinese solar cell and module manufacturer Hareon Solar Technology is bouncing back after its US$90 million lawsuit last year with new investment in its PV business and a new partnership.