PID in India: In the cost-conscious Indian solar sector, ensuring reliable power output should be the number one priority. However, an example of one solar farm suffering from the ill-effects of under-performing modules, installation malpractice and unsatisfactory maintenance shows how corner cutting from the outset is more damaging in the long run.
A unit of Indian conglomerate Adani will start building the first 65 MW phase of a planned 170 MW solar installation in the Australian state of Queensland by the end of this year.
ReNew Power Ventures, a leading clean energy company, which has doubled its solar capacity to 2GW in just one year, has projects in trouble backed by Goldman Sachs.
The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.
Report by market analysts forecasts India to become world’s third-largest solar market for 2017 but warns of headwinds including rising competition forcing down tariffs, uncertainty caused by anti-dumping issue, and potential rising module prices.
The large-scale project will be owned and developed by IBC solar in Odisha.
Switzerland’s ABB has further consolidated its market presence in India’s burgeoning renewables sector, surpassing a 5 GW supply milestone. The company claims its inverters now power 40% of various solar projects across the country, whose accumulated capacity stands at 13 GW.
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