Weekend Read: Giga and giga
pv magazine Australia’s Natalie Filatoff reports on the benefits of planning vast solar project pipelines, and the barriers faced by those who dare to dream big.
Malaysia’s Yinson acquires 37.5% stake in Indian IPP
Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.
Indian developer Azure Power commissions 150 MW project at the Bhadla Solar Park
The independent power producer now has 1.6 GW of operational solar assets. Other recently commissioned Azure projects include the final phase of a 260 MW solar project in Gujarat and a 100 MW facility in Karnataka.
Azure Power raises $400 million in debt and equity
Azure Power has raised the capital since June 30th, and says it is “the largest amount of financing raised by a solar power company in India during this period”. Azure says the fund leaves it well positioned to deliver a 2 GW project pipeline.
620 MW commissioned at India’s Bhadla Solar Park
With the commissioning of 620 MW by three companies, the total capacity of Rajasthan’s Bhadla Solar Park has reached 1,365 MW, Rajasthan Renewable Energy Corporation Ltd (RRECL) announced.
Engie commisions 140 MW Bhadla plant, signs 250 MW solar PPA in India
French President, Emmanuel Macron, and Indian Prime Minister, Narendra Modi both inaugurated Engie’s 75 MW PV plant on March 12, 2018, in Mirzapur, Uttar Pradesh. On the occasion, France-based Engie also announced the status of another two PV, and two wind projects.
Azure Power wins 200 MW in SECI auction
Azure power has won a 200 MW solar PV project to be developed at the Bhadla Solar Park in Rajasthan, in an auction conducted by the Solar Energy Corporation of India (SECI).
