With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.
The Grid Corporation of Odisha (GRIDCO) has announced a 200 MW grid-connected solar PV power projects to be set up in the state of Odisha. The tender has a provision of pass-through in the quoted tariff in case of anti-dumping duty or safeguard duty imposition.
The New Delhi-based solar energy firm has won a 200 MW solar PV project to be developed outside a solar park in Gujarat, in an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The project will be commissioned by the year 2019.
Coal India Ltd, the world’s largest coal producer company, has set the target of 20 GW solar PV installations in the next 10 years. To achieve the ambitious goal, the fossil fuel run firm will require an investment of approximately INR 900 billion ($13.8 billion).
Solar Energy Corporation of India has revealed the winners of the Bhadla solar park 500MW Phase-III, and 250 MW Phase-IV solar projects. Azure Power, Hero, and SBE Four came up as the big winners.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about his recent participation in the International Solar Alliance founding ceremony held on March 11, 2018. He mentioned that in ISA member countries, correct energy policies, and risks in the investment are critical and need to be addressed.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
In a recent auction of 500 MW solar PV in the state of Gujarat, solar tariffs have increased to INR 2.98 ($0.046)/kWh, as quoted by state-owned Gujarat State Electricity Corporation (GSEC) Ltd. The reason for the increased tariff rate is cited as pertaining to the uncertainties created by upcoming duties.
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