Investment in Solar market of India

As recently as a few months ago, the alternative energy targets announced by Indian prime minister Narendra Modi’s government in 2014 seemed wildly overambitious — even to solar electricity enthusiasts in the industry. But a surge of investment in solar … Continue reading

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Trina Solar Plans $500 million Plant in India

Trina Solar Ltd. will invest in a $500 million plant with India’s Welspun Energy Ltd. The 2-gigawatt facility will be in either the western state of Gujarat or southern state of Andhra Pradesh, Zhiguo Zhu, senior vice president of Trina … Continue reading

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ReNew Power Looks to Raise $150-200 million in PE Funding

Encouraged by the government’s focus on renewable energy, companies in the sector are starting to raise funds in preparation for new business opportunities. ReNew Power Ventures Pvt. Ltd is one such company and has started initial discussions to raise about … Continue reading

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Exim India launches country’s first dollar-denominated green bond

Export-Import Bank of India (India Exim) priced a landmark transaction this week, which has put India on the international green bond map. It raised $500m from the country’s first dollar-denominated green bond. Rated Baa3/BBB-, the Reg S-only offering priced at … Continue reading

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Indian Ministry Releases Draft Guidelines for 3000 MW of Solar PV Capacity

The Ministry of New and Renewable Energy of India has released draft guidelines for 3000 MW of solar PV projects to be developed under the National Solar Mission’s Phase 2 Batch 2 Tranche 1. MNRE has revised the solar capacity … Continue reading

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Andhra Pradesh invites bids for 500MW of solar

South Indian state of Andhra Pradesh has issued a ‘Request for Selection’ document for 500MW of solar capacity in the state. The generated power from solar power projects will be purchased by Southern Power Distribution Company  of Andhra Pradesh Ltd. (APSPDCL, website … Continue reading

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Addressable segments of the Indian photovoltaic market

Indian solar photovoltaic (PV) market can be segmented according to various characteristics – delivery, size, priority and customer types. According to Headway Solar analysis, the following market segments have emerged over the past few years. This chart can be a … Continue reading

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