Vikram Solar has secured a contract to supply 200MW of modules to AB Energia, a domestic solar engineering, procurement, and construction (EPC) solutions provider.
Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.
The sourcing of PV cells and modules from authorised providers was due to become mandatory for certain projects in April but the country is granting a six-month extension to help with COVID-19.
Source confirms reports claiming Actis is to take over large-scale portfolio, boosting market footprint for investor already targeting Indian solar through dedicated unit.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
