India PV News Snippets
Loom Solar Secures $2 Million Funding From SIMA Funds Of US & More From Sterling & Wilson, Adani, REC
Loom Solar has secured $2 million funding from US’ SIMA; Sterling and Wilson’s 9M/FY2023 revenues drop 51% YoY; Essel divests stake in Rajasthan solar project to Adani; REC commits INR 10 billion for RE in UP under RUMSL MoU.
India PV News Snippets
Nextracker’s Bifacial Trackers For 306 MW Rajasthan Solar Project & More From SJVN, NTPC, Permionics, AGEL
Amara Raja contracts Nextracker for 306 MW India project; SJVN lands IREDA loan for 1 GW PV; NTPC commissions 100 MW solar; Permionics counts 10 GW solar wafer water management order; AGEL gets Zero Waste to Landfill certification from Intertek.
India PV News Snippets
Partners Group To Turn Sunsure Into IPP With 3 GW Operational Capacity & More From AGEL, ReNew Power, MSEDCL, TotalEnergies ENEOS
Partners Group is acquiring majority stake in Sunsure Energy; AGEL claims world’s largest wind-solar hybrid power developer tag with 450 MW project; ReNew Power to build 300 MW captive hybrid RE project for Jindal Stainless Steel; MSEDCL launches 3.
India’s ‘1st’ Wind & Solar Hybrid Power Plant Online
Adani Green Energy Commissions 390 MW Wind-Solar Hybrid Power Plant In Jaisalmer
Indian renewable energy company Adani Green Energy Limited (AGEL) has announced commissioning the country’s ‘1st ever’ wind and solar hybrid power generation plant in India’s Rajasthan with 390 MW capacity.
India PV News Snippets
Ramagundam Floating Solar Plant’s 80 MW Capacity Now Online & More From AGEL, SECI, Bharti
NTPC commissions 42.5 MW floating solar capacity at Ramagundam in Telangana; AGEL raises $228 million to initially support 450 MW hybrid solar and wind projects; SECI issues NIT for 44 MW AC solar; Bharti Airtel acquires 7.036% stake in Avaada solar SPV.
India PV News Snippets
Avaada Energy To Raise INR 14.4 Billion Through Green Bonds & More From MNRE, Adani, SJVN
PTT Group backed Avaada Energy said it will raise INR 14.4 billion through green bonds; MNRE has asked states to consider setting up DRC for renewable energy projects; Adani subsidiary bags LOA for 150 MW solar project; SJVN’s 400 MW solar project .
World’s ‘Largest’ Green PPA Signed In India
Adani Green Energy To Supply 4.66 GW Solar Power To SECI
Indian renewable energy company Adani Green Energy Ltd (AGEL) has signed what it terms the world’s ‘largest ever’ green power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 4.667 GW of solar power.
Adani Targets 45 GW RE Capacity By 2030
AGEL To Invest $20 Billion In Renewable Energy & PV Manufacturing
Indian renewable energy company Adani Green Energy Ltd (AGEL) aims to invest $20 billion by 2030 to increase its renewable energy capacity to 45 GW by 2030, and also develop a 2 GW per year solar manufacturing capacity by FY 2022-23, as its Energy Compact Goals as part of COP26.
India PV News Snippets
RUMSL’s Consultancy Tender For 950 MW Solar Park… & More
Consultancy tender for 950 MW PV: Rewa Ultra Mega Solar Limited (RUMSL) has launched a tender with a view to hire the services of a transaction advisory firm to provide services for the development of a 950 MW solar park.
India PV News Snippets: AGEL, CFLI, Tata, BHEL
Adani Green Raises $750 Million To Fund RE Project Construction; India & UK To Invest In Low Carbon Transition Of India; Tata Power Secures LOA For 330 MW From RUMSL; BHEL Launches O&M Tender For 30 MW
Adani Green raises $750 million: Adani Green Energy Limited (AGEL) claims to have its pipeline fully funded after it raised $750 million through a 3-year issuance of green bond which it said was oversubscribed by more than 4.7x.
Adani To Acquire 5 GW India RE Portfolio From SB Energy
Masayoshi Son’s SoftBank Backed Indian Renewable Energy Platform SB Energy To Sell 5 GW Renewable Energy Portfolio, Comprising 4.18 GW Solar Capacity, To Adani Green Energy Limited For $3.5 Billion
Diversified business house Adani Group’s renewable energy arm, Adani Green Energy Limited (AGEL) will acquire close to 5 GW (4,954 MW precisely) renewable energy portfolio of SB Energy India for an enterprise value of approximately $3.5 billion, which it terms as the ‘largest’ acquisition in the renewable energy sector in India.
India PV News Snippets: Meghalaya, AGEL, NTPC, KPI Global
Meghalaya Issues EOI To Empanel RE Companies; AGEL Energized 925 MW RE Capacity In FY2021; NTPC Renewable Energy Signs PPA For 150 MW PV Project With GUVNL; KPI Global To Build 12.5 MW Solar Capacity For Anupam Rasayan
Meghalaya to empanel renewable energy firms: The Power Department of State Government of Meghalaya has launched an expression of interest (EOI) to empanel renewable energy EPC companies for hydro, solar, wind and biomass projects in the state.
India PV Snippets: MNRE, EGP, Tata, BHEL, Amplus, AGEL
Indian Solar Power Capacity Exceeds 40 GW; IFC May Back Enel Green Power’s 300 MW Project; CSC & Tata Power To Supply Solar Powered Microgrids & Water Pumps; BHEL Tender For Thin Layer Nano Coating Solution; Amplus Acquires Sterling & Wilson Rooftop PV Projects; AGEL Commissions 50 MW Facility
India installed over 1.46 GW RE in March 2021: The Ministry of New and Renewable Energy (MNRE) said India installed 1,463.31 MW of new renewable energy capacity in the month of March 2021, pushing the aggregate to 94.43 GW as on March 31, 2021.
India PV News Snippets: JICA, BHEL, SPDA, AGEL
JICA To Provide TCCL JPY 10 Billion Green Loan For RE, EV; BHEL Issues Solar Cells & Paste Tenders; SPDA Demands Postponing New Tenders Till PSA Backlog Is Cleared; AGEL To Acquire 75 MW PV From Sterling And Wilson
JICA signs JPY 10 billion loan agreement: The Japan International Cooperation Agency (JICA) has signed a loan agreement with Indian non-banking financial company (NBFC) Tata Cleantech Capital Limited (TCCL) to provide it green loan worth JPY 10 billion ($91.5 million).
Adani Green Raises $1.35 Billion From 12 Banks
12 International Banks Loan $1.35 Billion To India’s Adani Green Energy Under One Among Largest Project Financing Deals In Asia
The renewable energy arm of India’s fast growing Adani Group, Adani Green Energy Limited (AGEL) has raised a whopping $1.35 billion project financing from a group of 12 international banks to fund its renewable energy portfolio.
INR 2.22/kWh: L1 Tariff For 300 MW Gujarat PV Tender
Torrent Power Limited Selects Torrent Power Generation & Adani Green Energy For 300 MW Solar Power Capacity: Mercom India Research
A 300 MW grid connected solar PV tender launched in India by Torrent Power Limited (TPL) in December 2020 in Gujarat has 2 winners, according to Mercom India Research. One of the winners is another Torrent Power entity, Torrent Power Generation.
India PV News Snippets: Tata, AGEL, Kawatha, Budget
Tata Power Solar Secures LOA For 320 MW Solar Project; AGEL Commissions 150 MW Capacity; Solar Panel Making Unit By Self-Help Women’s Group; Developers Do Not Want Basic Custom Duty Introduction In Budget FY 2021-22
LoA for 320 MW solar project for Tata Power Solar: Tata Power Solar has received letter of award (LOA) for a 320 MW ground mounted solar PV project from the National Thermal Power Corporation (NTPC).
India PV News Snippets: AGEL, Total, EDF
Adani Green Energy Limited Subsidiary Commissions 25 MW Solar Power Project In Uttar Pradesh; Total To Acquire 20% Stake In AGEL; EDF/AETS/TERI Consortium Bag Consultant Work For OSOWOG
25 MW solar plant commissioned in UP: In Chitrakoot, Uttar Pradesh (UP), Adani Green Energy Limited (AGEL) subsidiary Adani Solar Energy Chitrakoot One Limited has commissioned a 25 MW solar project.
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