Solar still gaining as coal’s share of national capacity falls
India saw an increase in PV’s share of national generation capacity in the third quarter, as 2 GW more solar was added despite worries buffeting the industry.
Azure Power agrees Rs2.59 tariff for latest 300 MW project
The developer will supply energy to the NTPC under a 25-year PPA and can build the project anywhere in India, with construction slated to finish in early 2021.
SoftBank and Essel to develop 500 MW solar park
A failed association with IL&FS has failed to deter SoftBank from its plan to invest a staggering $1tn in Indian solar by 2030. Now the Japanese funding giant is working with Essel Infraprojects on a 500 MW plant, with further details yet to be revealed.
Falling rupee could threaten Rs28,000 crore of solar projects
As the currency continued to fall today, analysts are concerned developers will see any savings from falling module prices disappear, and lenders may get nervy, putting the national solar target in grave doubt.
Azure Power raises $400 million in debt and equity
Azure Power has raised the capital since June 30th, and says it is “the largest amount of financing raised by a solar power company in India during this period”. Azure says the fund leaves it well positioned to deliver a 2 GW project pipeline.
Solar City Initiative phase two launched in Delhi
The programme allows the installation of solar roof atop apartment blocks, which otherwise could not install such systems. Potential in the area is around 15 MW, of which 6 MW have been signed up for already. Another 5 MW should be developed in this second phase of the project.
Video: Future PV Roundtable REI 2018
Innovation continues to be a driver of the global PV industry. India is no exception as the sector continues to pursue the ambitious goal of 100 GW by 2022. But what is the latest status of innovative PV power plant componentry, design and execution in India in 2018? And what are key drivers and constraints […]
India largest market for off-grid solar products: report
Cornering 44% of the total global sales for 3.66 million off-grid solar products in the first half (H1) of 2018, India has emerged as the world’s largest cash market for such products, according to the latest report by Global Off-Grid Lighting Association (GOGLA).
Video: Quality Roundtable REI 2018
pv magazine’s Quality Roundtable at this year’s Renewable Energy Expo India (REI), attracted analysts and experts from across the industry, who gathered in Greater Noida to discuss the challenges and opportunities present in the massive Indian solar market.
India powers ahead as Asia set for 355 GW of PV by 2023
Despite political hurdles in key markets including China and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
