India energy ministry plans 7.5 GW support program for domestic solar manufacturing
The Ministry of New and Renewable Energy has initiated the second phase of its CPSU program to provide installation capacity totaling 7.5 GW of solar projects made using domestically manufactured solar cells and modules.
India’s Heavy Engineering enters solar module production
The Indian industrial conglomerate is currently planning to build a 150 MW vertically integrated PV panel manufacturing facility.
Goldman Sachs, Tennenbaum buy Conergy’s Asia business
A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
State Bank of India’s 600 MW plan for rooftop solar moves forward
The $625 million program, which is being financed by the World Bank, will provide private developers with financing for viable grid-connected rooftop PV projects.
India: Azure Power to issue $500m solar green bond
The green bond offering will be the first of its kind to be issued in India, and comes via Azure Power’s stated aim to continue promoting and investing in renewable energy in the country.
IDFC acquires 190 MW of Indian PV projects from First Solar
The infrastructure fund of IDFC Alternatives has signed an agreement to purchase 190 MW worth of solar PV assets from First Solar Power India, an affiliate of First Solar Group. The projects are located om the states of Andhra Pradesh and Telangana.
NTPC looking for off-taker for 250 MW Kadapa solar park, after APSPDCL refuses to sign PPA
A total of 250 MW of capacity at Andhra Pradesh’s Kadapa solar park has a 13-month completion timeframe from the date of signing of the power purchase agreement. These plans are now put on hold as APSPDCL withdraws from the deal, as once a record low solar power tariff turns into too high a price.
India solar dumping case reaction: “Tariffs are a half-baked measure”
Rahul Gupta, founder and MD of Indian solar developer Rays Experts tells pv magazine that the anti-dumping case lodged against Chinese, Taiwanese and Malaysian solar companies could deliver temporary blow to India’s solar momentum, but in the longer-term it might be best for the sector.
India: Premier Solar establishes 200 MW solar module manufacturing facility
The Indian manufacturer is reported to have completed a fully automatic solar module manufacturing plant in Sangareddy district of the Indian state of Telangana.
India: Tata Power Solar commissions 2.67 MW solar carport project
A total of 27 carports at India’s Cochin International Airport, the first airport in the world to run completely on solar power, are now up and running.
