India's government is to provide a further Rs19,500 crore (US$2.6 billion) of funding for its PV manufacturing Production Linked Incentive (PLI) scheme, with the country intent on spurring further development of a domestic solar manufacturing base.
Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”.
NTPC Renewable Energy (NTPC REL), the renewables arm of Indian state-owned power giant NTPC, has invited bids for balance of system (BOS) packages with land anywhere in India for 1000MW worth of projects within the Interstate Transmission System (ISTS) connected solar projects programme
India added 521MW of rooftop solar in Q2 2021, an increase of 517% compared to the 85MW added in the same quarter last year despite a slight increase in costs, according to a Mercom India report.
Indian independent power producer (IPP) ReNew Power has acquired two operating renewable energy portfolios in India, building on recent acquisitions in the country and boosting the company’s earning position
India government-owned NTPC Renewable Energy has been given approval by India’s Ministry of New and Renewable Energy (MNRE) to build a 4.75GW solar project in Gujarat, India.
Oslo headquartered renewable power producer Scatec has announced a new partnership with ACME to develop a 900MW solar power plant in the state of Rajasthan, India.