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Azure power

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Projects

Azure Power signs agreement for 600 MW of First Solar’s high-performance modules

September 20, 2022

First Solar, a US based manufacturer has reached an agreement with Azure Power Global Limited (Azure Power) to provide 600 MW DC of its high-performance, cutting-edge thin film photovoltaic (PV) solar modules. The arrangement is […]

Projects

Siemens Gamesa to supply onshore wind turbines to Azure Power

August 16, 2022

Siemens Gamesa Renewable Power of Germany has won a contract from Azure Power Global of India to supply onshore wind turbines for a 346 MW wind power project. In accordance with the agreement, Siemens Gamesa […]

Projects

Azure Power’s 90 MW solar facility inaugurated in Assam

July 22, 2022

Azure Power’s 90 MW solar power facility has been inaugurated by the chief minister of Assam. With this project, Azure Power’s operating capacity in India now exceeds 2.9 GW. It is the largest project in […]

Projects

Azure Power commissions its 90 MW solar power project in Assam

May 4, 2022

Azure Power, a renewable energy company, has announced that its 90 MW solar power project in Assam has been successfully commissioned. The solar capacity of 90 MW is spread across four Assam districts: Udalguri, Kamrup, […]

Projects

Azure Power to set up 1,700 MW renewable energy projects in Karnataka

April 29, 2022

Azure Power has signed an expression of interest with the Karnataka government to develop solar, wind, and hybrid renewable energy projects with a combined capacity of 1,700 MW. A total of Rs 133 billion has […]

Projects

Azure Power sets up a 300 MW ISTS-connected solar plant in Rajasthan

March 15, 2022

Azure Power has announced the completion of a 300 MW solar power plant (Rajasthan 8). The said project is connected to the inter-state transmission system (ISTS), and was allotted by the Solar Energy Corporation of […]

People

Sumit Barat: Chief Sustainability Officer, Azure Power

March 5, 2022

Sumit Barat has been associated with Azure Power as chief sustainability officer for the last four years. Prior to that, he worked as an associate director at Arcadis. He has also worked as a se­n­ior […]

News

Ecoppia, Azure Power to sign a 400 MW hybrid project

February 22, 2022

Ecoppia, an Israeli company that specialises in robotic cleaning solutions for photovoltaic solar, has announced the signing of a 400 MW hybrid project with Azure Power, a renewable energy provider. The robotics deployment, which is […]

Companies

Azure Power: Gaining momentum in the clean energy space

February 7, 2022

The renewable energy sector is set for a massive leap in India. With the ambitious target of 450 GW of non-fossil fuel-based energy capacity by 2030 and zero carbon emissions by 2070, the sector is […]

Projects

Azure Power signs 2,333 MW PPAs with SECI under 4 GW manufacturing-linked projects

December 20, 2021

Azure Power has signed power purchase agreements (PPAs) with Solar Energy Corporation of India (SECI) for 2,333 MW of ISTS-connected solar power projects as part of the 4 GW manufacturing-linked projects. These projects will be […]

Projects

Azure Power signs PPA with SECI for 600 MW ISTS solar projects

November 18, 2021

Azure Power has signed power purchase agreements (PPAs) with Solar Energy Corporation of India (SECI) for 600 MW ISTS connected solar power capacity as a part of its 4 GW manufacturing linked projects, which would […]

REWIND 2010-2020

Landmark Deals: Top 10 financing moves of the decade

November 9, 2020

Over the past decade, renewable energy financing has gone through various ups and downs depending on the investor sentiment. However, through all of this, private equity (PE) has remained one of the most dominant sources […]

Finance

Weak Financials: Quarterly performance of select renewable energy companies

September 25, 2019

Several renewable energy companies have been facing financial difficulties over the past few years due to an uncertain policy environment and changing market dynamics. Falling tariffs, safeguard duties, inadequate transmission networks and the dwindling rupee […]

Finance

Revenue Slide: Quarterly results of select solar and wind power companies

March 24, 2019

By Sarthak Takyar Renewable energy companies are facing increasing financial pressure. Their profit margins are shrinking owing to falling tariffs; meanwhile, the cost of domestic finance continues to be high. While tariffs have stabilised somewhat […]

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