Solar Energy Corporation of India (SECI) has awarded 40MW of solar PV capacity to Renew Solar Power and 25MW to Mahindra Renewables in the state of Gujarat under open category.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) document for the tendering of 200MW of grid-connected solar PV to be deployed alongside utility-scale battery storage in the state of Karnataka.
Despite most international and domestic module suppliers increasing their sales volumes in India over the last year, Chinese firms have significantly increased their share of the market from 50% to 75%, according to the latest update from consultancy firm Bridge to India.
Solar Energy Corporation of India Limited (SECI) is to introduce a payment security mechanism to support its Viability Gap Funding (VGF) for solar projects.
High costs of capital and low tariffs are causing extremely tight margins for solar developers in India. PV Tech caught up with Gaetan Tiberghien, principal investment officer, South Asia for International Finance Corporation (IFC), to discuss financing in the region.