Brookfield Offers To Rescue Debt-Ridden Indian Wind Company Suzlon
Yet another renewable energy major in India is facing a huge financial challenge and has attracted interest from foreign investors.
Yet another renewable energy major in India is facing a huge financial challenge and has attracted interest from foreign investors.
After several delays, it seems the first offshore wind energy tender in India will soon see the day of light.
The electric mobility subsidiary of Uber’s Indian competitor Ola Cabs has just landed fresh funding from SoftBank, in the second major fundraising exercise completed by the company.
Once again the Indian state of Gujarat tried its hands at solar power auctions at two solar power parks which had earlier this year failed to attract project developers.
With the return of the Narendra Modi government the Solar Energy Corporation of India has stepped up its efforts to gain momentum on renewable energy capacity addition, which remains way behind the target.
About a year and a half after the United States secured a favorable ruling at the World Trade Organization against India’s solar power program, India has scored a similar ruling against solar power programs of several US states.
One of India’s leading private sector power companies is the latest to reportedly consider setting up a yieldco.
The Chinese automotive company BYD is planning to launch a second electric bus production facility in India through its joint venture in the country.
The Indian government has formally proposed amendments to the country’s transport regulations to include incentives for electric vehicles.
The flames of India’s burning private sector debt crisis has reached the solar power market as well, with a large project developer being forced to engage in a stressed sale of assets.