Greenko and Adani Named Top Project Developers in India in 2017

Greenko and Adani Named Top Solar Project Developers in India in 2017

Solar installations in 2017 came to 9,629 MW, more than double the 4,313 MW installed in 2016, making 2017 the best year for solar installations in India, according to Mercom ...
2017 India Solar Market Leaders Revealed After a Record Year

2017 India Solar Market Share Leaders Revealed After a Record Year

India emerged as the third largest solar market in the world behind China and the United States after a record 9.6 GW of solar installations in 2017 - more than ...
Indian Solar Sector Received Over $10 Billion in Financing During 2017

Indian Solar Sector Received Over $10 Billion in Financing During 2017

In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
/ / Finance and M&A, Solar
Greenko Interview: Recent Low Wind Tariffs Cannot be Compared with Solar

Greenko Interview: Recent Low Wind Tariffs Cannot be Compared with Solar

The introduction of reverse auctions in the wind sector is making the power generation source increasingly competitive with solar and thermal power in India. In a recently concluded 500 MW ...
/ / Markets & Policy, Solar
Greenko Raises $461 Million Through Sale of Rupee-Denominated Bonds

Greenko Raises $461 Million Through Sale of Rupee-Denominated Bonds

Greenko, a renewable energy project developer, raised ₹30 billion (~$461 million) through the sale of onshore rupee-denominated bonds. The bonds will mature in 2027. The bonds have a call option ...
/ / Finance and M&A, Solar
Mercom Interview with NEXTracker

India’s Solar O&M is Drawing in Large Global Players like NEXTracker

The more than 15 GW of solar capacity installed in India will require quality operation and maintenance (O&M) services, paving way for large global players to enter the market. The ...
/ / Markets & Policy, Solar
Solar Power Plant

Tata Power and Adani Top the List of India Solar Project Developers

As utility-scale solar in India takes off, two large power conglomerates – Tata Power and Adani – are leading project development activity. Cumulative large-scale solar installations reached ~13.6 GW in ...
/ / Markets & Policy, Solar
Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Utility scale solar in India has seen exponential growth over the past two years with 4.3 GW of solar installed in calendar year 2016. India’s total installed solar capacity is ...
/ / Solar, Utility Scale
Kurnool

India to Add 1 GW of Solar By the End of April at Kurnool Solar Park in Andhra Pradesh

350 MW is Operational; 650 MW to be Commissioned The entire Kurnool Ultra Mega Solar Park of 1,000 MW capacity is expected to be connected to the grid by the ...
/ / Solar, Utility Scale
Funding

Greenko Raises $155 Million in Equity Funding

Greenko Energy Holdings (Greenko), a renewable energy company, raised $155 million (~Rs.10.14 billion) in equity funding. The company signed definitive agreements with an affiliate of GIC and an entity that ...
/ / Finance and M&A, Other
Tata Power and ReNew Power Top the List of Large-Scale Solar Developers in India

Tata Power and ReNew Power Top the List of Large-Scale Solar Developers in India

Utility scale solar in India has seen exponential growth over the past two years with installations of approximately 9 GW to date, making up about 94 percent of total installations ...
/ / Utility Scale
Greenko Completes SunEdison India Acquisition

Greenko Completes SunEdison India Acquisition

Greenko Energy Holdings (Greenko) has completed the acquisition of SunEdison’s 587 MW Indian wind and solar projects for a cash payment of $42 million and assumption of project-level debt of ...
/ / Finance and M&A, Solar