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Menopausal Mother Nature

News about Climate Change and our Planet

SB Energy

India x Cleantech — August 2020

India x CleanTechWelcome 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

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.   

1.5X Oversubscription In India’s Latest Solar Tender

Finally, a ray of hope for the Indian renewable energy market with massive oversubscription in the latest and fourth national-level solar power tender issued by the Solar Energy Corporation of India. The massive oversubscription reported for this tender comes after capacity offered in a slew of state and central-level tenders remained unsubscribed by project developers

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