First Solar, a US based manufacturer has reached an agreement with Azure Power Global Limited to provide 600 MW DC of its high-performance, cutting-edge thin film photovoltaic (PV) solar modules. The arrangement is the first for First Solar’s new manufacturing facility in Tamil Nadu, India, which is set to open in the second part of 2023.
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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 slated to begin in the first half of 2022, will include Ecoppia’s whole product suite, including the E4, T4, and Ecoppia’s newest addition, the Ecoppia H4, all of which are driven by the company’s Helix Technology.
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Canadian developer, OMERS Infrastructure has executed a stock purchase agreement with International Finance Corporation (IFC) and IFC GIF Investment Company to buy a 19.4 percent share in Azure Power Global Limited for a total price of approximately $219 million. The agreement to invest in Azure Power reflects OMERS’ significant worldwide interest in high-quality renewable energy and energy transition assets, as well as their interest in India as an investment destination and Asia-Pacific in general.
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The Solar Energy Corporation of India (SECI) has unveiled the results of its 15 GW tender designed to give a boost to India’s solar manufacturing sector. The tender comprises 12 GW of solar PV plant capacity and 3 GW of domestic solar cell and module manufacturing capacity.
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