Indian solar asset sellers getting ‘desperate’

Many developers with solar assets in India are looking to sell their portfolios. Some of them have been in the market for a long time and are under pressure from their investors to find an exit, according to the head of consultancy firm Bridge to India.

Indian rooftop solar nearly doubles in a year

India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.

Indian corporates taking hold of domestic solar market

Indian corporates are taking a significant share of the domestic solar PV market with Indian conglomerate Adani taking top spot in terms of capacity additions in the last year, according to consultancy firm Bridge to India.

India to split benchmark tariff for VGF projects

India’s Ministry of New and Renewable Energy (MNRE) plans to change the benchmark tariff for the 5GW of solar being tendered with viability gap funding (VGF) support from central government.