French clean energy developer Engie is reportedly discussing a partnership with Indian roofing manufacturer Everest Industries to develop “solar-ready” rooftop solutions for the under-served distributed generation market.
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.
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has started operating a microgrid powered by a 1 MW solar array in western India.
Bids have been invited for 110 MW of grid-connected solar projects in the Indian state of Maharashtra, in two separate tenders with September 26 as the submission deadline.
The large-scale project will be owned and developed by IBC solar in Odisha.
As India’s energy needs are rising fast, the increased use of renewables in 2030 could save the economy 12 times the installation costs, when reduced environmental and health damage are taken into account, shows International Renewable Energy Agency’s roadmap to 2030, ranking solar as the country’s second largest source of renewable energy.
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
Growth in the booming Indian solar market, heavily reliant on Chinese modules, could slow as strong Q3 demand for panels in China and the U.S. push up prices and impact Indian firms’ financial modelling.
Opinion: One of the main challenges for investors in India is to meet competitive pricing while achieving acceptable quality. Prakash Vora, senior director – Operations at Terraform Global India, explains how to ensure quality in India.
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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