The Tokyo-based developer and MUL Energy Investment — a unit of Mitsubishi UFJ Lease & Finance — have purchased a project company from conglomerate Marubeni.
The Tamil Nadu Energy Development Agency has invited bids for development of ultra mega solar park in the state. In Karnataka, the National Thermal Power Corporation retenders 750 MW of solar capacity at the Pavagada Solar Park.
The solar tracking specialist has signed expanded partnership deals with five local companies that will increase the volume of its steel produced locally to 80%, thereby lowering shipments into India by as much as 50%.
The Indian solar producer has also increased its cell manufacturing capacity at its Bengaluru facility to 300 MW as it responds to the government’s Make in India program.
The Chinese solar firm has finalized power purchase agreements with the Solar Energy Corporation of India for 80 MW of solar PV capacity awarded to the company under the recent Maharashtra tender.
Tweet by Indian power minister Piyush Goyal confirms that cumulative solar PV capacity in India has now risen beyond 10 GW, with a further 14 GW pipeline knocking at the door, and an additional 6 GW to be auctioned soon.
The Indian capital’s 2016-2020 solar policy lays out detailed guidelines to increase the city’s solar footprint, including making it mandatory for all large government buildings to adopt PV.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
The Central Electricity Regulatory Commission has proposed to lower the price of solar Renewable Energy Certificates in wake of plunging PV costs.
The Luxembourg-based steel and mining multinational looks to turn to solar power after securing permission to develop acquired in the state of Karnataka.
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