Essel Infraprojects Ltd (EIL) today said it has commissioned 55 MW capacity solar projects in Uttar Pradesh and Karnataka.
A reverse auction of 500 MW of solar projects held by the Gujarat government on Tuesday saw the lowest winning bid at Rs 2.65 per kwH
Attempts by India’s state-owned power distributors to renegotiate power-purchase agreements (PPAs) for renewables could delay wind and solar projects, leaving the door open for gas-fired developments.
India has barred state authorities from unilaterally cancelling or modifying solar power purchase agreements (PPAs) after six state governments in last two months pushed developers to lower tariffs, threatening to derail projects worth $7.5 billion.
Indian solar projects banking on a continuous supply of ever-cheaper panels are now under threat as China’s appetite props up prices.
In both, I have no role to play on the face of it. There’s no licensing, no power ministry approvals. At the same time, as an Indian, I do recognise these are assets where banks have lent money, investments have been made.
GE Energy Financial Services (GEEFS), part of US conglomerate General Electric (NYSE:GE) plans to co-develop a 500-MW solar project portfolio in India with domestic group RattanIndia, Mint reports.
A study by Duke University, IIT Gandhinagar and University of Wisconsin has revealed that India’s solar projects may face challenges due to high levels of particulate matter (PM) over Indian cities.
More than $40 million in bonds are available to help India, one of the world’s leading economies, address challenges from climate change, a bank said
India’s solar prospects look bright, engineering company KEC International looks to foray into overseas markets in the solar segment for better margins