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The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around Rs 1,950 crore ($300 million) as consolidation picks up momentum in the renewable energy sector. These projects seven in all are located in Telangana and Andhra Pradesh. Arizona-headquartered First Solar is an American photovoltaic (PV) manufacturer of rigid thin film modules, or solar panels, and a provider of utility-scale PV power plants and supporting services like finance, construction, and maintenance and end-of-life panel recycling. In India, it has supplied over 1gigawatt (GW) worth of panels while globally its supplies are worth over 17 GWs, according to the company's website.