Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments ReNew Power Proposes $570 Million Investment In Solar … [continued]
The Southern Indian state of Andhra Pradesh auctioned 6.4 gigawatts of solar power capacity under a recent tender. The high response to the tender came as a surprise to many industry watchers. Andhra Pradesh recently auctioned 6.4 gigawatts of solar power capacity meant to supply electricity to farmers. The tender … [continued]
Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Total Invests US$2.5 Billion To Acquire Stake In … [continued]
The news out of India concerning wind and solar power has been bipolar, to say the least. India set an ambitious target of 175 gigawatts (GW) of new wind and solar power to be completed by 2022. India certainly is not meeting that goal on a linear timeline.
A transaction between one of India’s largest renewable energy companies and French energy major Total has received regulatory go-ahead from the Indian government.
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
With the resurgence of a border dispute with China, the Indian government is now looking to reduce dependence on Chinese imports, including solar cells and modules. India is considering multiple efforts to discourage developers to import Chinese equipment and encourage investors to develop domestic manufacturing facilities.
Even though the fossil fuels sector has been completely ravaged by the coronavirus pandemic, the renewable energy sector has been more than chugging along. The results of a recently concluded mega solar tender in India provides further assurance on the continuing growth in the clean energy sector.
One of India’s leading renewable energy companies, Adani Green Energy, has reported an impressive 30% increase in installed capacity between April 2019 and March 2020.
TOTAL recently announced that it invested US$ 490 million in a joint venture with Adani Green Energy. The joint venture will host 2.1 gigawatts of operational solar power projects previously fully owned by Adani Green Energy and its subsidiaries. The two companies now hold 50% each in the new joint venture.
