India’s renewable energy deployment is expected grow by 50% year-on-year in 2019 with a total of 15,860MW of installations, according to a report by consultancy firm Bridge to India.
It now makes economic sense for most corporates in India to look for a cheaper source of power, particularly through renewable energy, according to a new report from The World Business Council for Sustainable Development (WBCSD).
NTPC's 750MW auction draws winning price of 2.72 rupees, Rays Power Infra completes 130MW of open access solar plants in Karnataka, AfDB approves US$1.5 million for Nigerian solar procurement program
UK investor Downing, working with its investment partner Armstrong Energy Global, has developed and constructed 20MW of ‘open access’ solar projects in the South Indian states of Telangana and Andhra Pradesh.
Rays Future Energy, a rooftop PV and open access-focused subsidiary of Indian solar EPC Rays Power Infra, is executing 60MW of solar capacity under open access in Karnataka.
Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
