Bangalore-based Orb Energy is gearing up to double its solar PV panel manufacturing capacity from 60 MW to 120 MW, and aims raise US$55 million by the first quarter of 2019.
Chinese giant boasted 18% of the Indian market, to be crowned the nation’s top dog for the third consecutive year. Canadian Solar, First Solar, Hanwha Q Cells and JA Solar also enjoyed a big export market from the rising solar power.
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has commissioned 100 MW of solar capacity at the Anthapuramu Solar Park in Andhra Pradesh, taking its overall renewable capacity to 2,215 MW in India.
All future bids for renewable projects would have at least 50% domestic manufacturing component for developers. The government will also soon make it obligatory for project developers to manufacture storage systems.
In a significant development, two major international solar coalitions – the Global Solar Council (GSC) and the International Solar Alliance (ISA) – signed an MoU for the cooperation and collaboration of solar growth in all ISA-member countries. Pranav Mehta from the GSC talks to pv magazine about the move.
If implemented, the huge tendering exercise would dwarf anything that has gone before it. Minister explains bidding will also include solar manufacturing and storage elements.
The MNRE has removed a layer of bureaucracy by lifting the requirement of proposed projects to be registered with power bodies at sub-national level.
There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.
The Central Electronics Limited (CEL), the first Indian company to develop crystalline solar cells and modules in 1977-78, has invited an expression of interest (EoI) for the establishment of manufacturing facilities for the production of solar cells and crystalline silicon (c-si) modules (conventional/flexible).
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