Global solar market to grow 30% and reach close to 100 GW this year, says Bernreuter Research
The German-based analyst and polysilicon specialist believes that newly installed solar PV capacity will hit 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
Indian large-scale solar growth could slow to 5-6 GW next year, finds Bridge to India
The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.
India installs largest floating solar plant to date
The 500 kW floating solar plant in the Wayanad District of Kerala, commissioned by Adtech System Ltd, is the largest floating solar plant in India.
Orange Renewable Commissions 140 MW Solar Projects in Gujarat and Maharashtra
The power developer has installed 40 MW in Gujarat and 100 MW in Maharashtra under VGF scheme and will receive power tariff of INR 4.43 ($0.07)/kWh for the next 25 years.
Azure power wins 250 MW solar PV project at auction
One of the most prominent solar developers in India, Azure Power has gained 100% of the total allocated capacity in an auction conducted by NVVN.
Mahindra Susten launches India’s first mobile PV testing lab
The compact mobile testing lab can be implemented at various stages of plant construction to improve the energy generation from a PV power plant.
Madhya Pradesh signs state guarantee for 750 MW Rewa PV plant
The guarantee is a unique initiative by the state government of Madhya Pradesh for its Payment Security Mechanism, which had a role to play in the phenomenally low tariff achieved for the Rewa solar project.
Adani’s Australian subsidiary signs PPA for Rugby Run solar plant in Queensland, Australia
Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.
MNRE urges Tamil Nadu to prevent curtailment of solar
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
Essel Infraprojects installs 55 MW solar in two Indian states
Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.
