India Recorded Strong Solar Tender and Auction Activity in December

India Recorded Strong Solar Tender and Auction Activity in December

After a period of lull, the month of December 2017 witnessed a surge in tendering and auction activity in solar sector in the country. Over 2,500 MW of solar was ...
/ Solar, Tenders & Auctions
Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...
/ Solar, Tenders & Auctions
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
Solar Finance

Indian Solar Sector Sees $1.6 Billion in Funding and M&A Transactions in Q1 2017

With solar installations crossing 12 GW by end of March 2017, financial activity was robust in the first quarter of 2017, with approximately $1.6 billion (~Rs.106 billion) in announced corporate, project funding ...
/ Finance and M&A, Solar
IFC invests in Hero Future Energies

IFC to Invest $125 Million in Hero Future Energies

The International Finance Corporation (IFC), a World Bank Group member, will invest $125 million (~₹8.5 billion) in Hero Future Energies, the renewable energy arm of Hero Group. “IFC, together with ...
/ Finance and M&A, Solar