Actis

Image: Zach Shahan - CleanTechnica

Azure Power & SoftBank Planning Asset, Stake Sale In Indian Solar Businesses

Leading Indian renewable energy developers are facing a liquidity crunch due to the COVID 19-induced nationwide lockdown and increased competition from emerging players. The country’s debt-ridden discoms are unable to pay off their dues to the generating companies. This has resulted in sharp increase in the sale of operational assets from various large renewable energy generators in the past few months.   

Latin American Solar Developer Atlas Renewable Energy Targets Brazil

Atlas Renewable Energy has recently added Brazil to its portfolio of Latin American investment countries, with the start-up of the 67.1 megawatt São Pedro solar plant in Bom Jesus da Lapa, state of Bahia. Already holding a 1.2 gigawatt solar portfolio in Latin America, the second-largest in the region, the Miami-based group has built solar plants in Chile, Mexico, and Uruguay since it was formed in 2017.