solar in india Posts

India’s first auction for solar and storage combination completed

India’s first auction for solar and storage combination completed

India has held its first auction for a utility-scale PV project combined with an energy storage facility. The local company Mahindra Susten won with their bid of 2.99 billion IDR (46 million USD).

Continuous decrease in Indian solar lending rates

Continuous decrease in Indian solar lending rates

A continuous fall in the lending rates in India now makes low-budget projects more profitable. Due to the country’s current demonetization process, an even further price reduction is possible.