Financial and project implementation troubles for Indian renewable energy developers do not seem to cease, with little to no solutions to the existing challenges and new ones coming up frequently.
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.
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.
Engie Solar, the French utility’s Indian subsidiary, has joined a growing list of Indian project developers looking to sell projects.
In yet another attempt to boost the mix of renewable energy in its energy mix, the Indian Railways has issued its first tender to implement solar-wind hybrid projects.
Following an overwhelming response from project developers to a 750 megawatt solar PV tender in the northwestern Indian state of Rajasthan, the financial tariff bids have been very promising for the Indian solar power sector that continues to face serious challenges.
Indian solar EPC company Mahindra Susten has received a major boost in its efforts to expand its footprint in the distributed solar market with a fresh investment from a foreign company.
In another attempt by the Indian government to help domestic solar cell and module manufacturers, a fresh tender with a domestic content requirement has been issued.
One of India’s largest solar power parks, and certainly the most challenging to implement and operate, has attracted tremendous interest from some of the leading technology companies and project developers.
