Siemens India has launched with Sinacon PV, a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA.
Hyderabad-based renewable power producer Greenko Group has raised INR 30 billion (USD 463m/EUR 397m) from issuing Indian rupee-denominated bonds.
The renewable energy sector is growing faster than expected, driven largely by a “new era” in solar power and strong expansion in China, the International Energy Agency said on Wednesday.
The government of Tamil Nadu will this month sign contracts with 16 solar power developers under a plan to add 1,500 MW of photovoltaic (PV) capacity in the Indian state.
Solar power plants in India had a combined output of 5.5 billion kWh in the second quarter, marking an 87% year-on-year increase, data by the Central Electricity Authority (CEA) shows.
IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy First Solar’s 200 megawatts (MW) of renewable power assets in India in a deal potentially valued at around $200 million, two people aware of the development said.
SunPower Corp. (SPWR) Chief Executive Officer Tom Werner says the world’s largest democracy is set to become the world’s biggest market for solar energy.
According to consultancy services provider Bridge to India (Delhi), bids for the proposed and much delayed 750 MW solar photovoltaic