The Indian government and three of its state-run companies are setting up a US$2 billion equity fund to help renewable energy companies meet the country's ambitious targets, according Reuters citing two government sources.
India’s largest utility NTPC has invited bids for a single solar PV project of 250MW capacity to be set up at the Kadapa Solar Park in Andhra Pradesh under open category.
India’s green bond market took off this year becoming the seventh largest labelled green bond issuer with US$2.7 billion issued as of 12 October, according to the Climate Bonds Initiative (CBI).
India’s largest utility NTPC plans to set up 50MW of solar power projects combined with battery energy storage at Port Blair in the Andaman and Nicobar Islands.
Despite multi-Gigawatt solar plans, the ability of India’s public sector to compete in the PV market has been called into question by analyst firm Bridge to India.
Indian renewable energy firm, Tata Power Solar, a subsidiary of Tata Power, has commissioned a 100MW solar project under local content requirements in Anantapur, Andhra Pradesh.
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
