India x Cleantech — December 2019
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.
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.
Foreign investors latched onto a green bond issued by Adani Green Energy, a leading renewable energy company in India. Despite the poorly rated paper, investors flocked to the bond issue.
Welcome to the inaugural issue of our new India x Cleantech series! On a monthly basis, we will pull news from across clean technology sectors in India into a single, concise summary article. Ongoing, this series will find a home over on CleanTechnica’s “Future Trends” page. Without further ado, here are this month’s highlights from India x Cleantech.
Interest in electric vehicles (EVs) is getting super hot in India. Having missed out on building its own manufacturing base for solar PV, India seems conscious about not missing the EV opportunity, especially for lithium-ion battery manufacturing (LIB).
A private power distribution company in India issued a tender to procure energy from solar-wind hybrid projects with a goal to fulfill its Renewable Purchase Obligation, and possibly, to reduce the cost of power procurement. Adani Electricity Mumbai Limited (AEML) issued global tender inviting bids from project developers to set … [continued]
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.
Solar developers, manufacturers, EPCs/system builders, and investors alike rely on detailed independent engineering (IE) studies when proposing a solar project to a bank and for implementing the project. These so-called bankability studies are often produced from different points of view, depending on the role of the company in a solar development.
Adani Solar, a subsidiary of Adani Green Energy, and part of the Adani Group, has set an ambitious target for itself — to achieve 50% share in India’s solar panel market which is currently dominated by Chinese equipment.
One of India’s leading renewable energy developers has received a tremendous response to its green bond issue. The development is crucial as the Indian renewable energy market is facing financial strain.
Results of India’s second national-level solar-wind hybrid auction are in. While capacity allocated to project developers has declined, there remains a silver lining for the Solar Energy Corporation of India (SECI) in terms of price bids.