Solar rooftop progress still dismal
India’s solar rooftop sector continues to disappoint with the first quarter of FY 2018-2019 achieving just 155.77 MW against the 1,000 MW EoY target.
Tata Power wins 250 MW solar project in Karnataka
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has won a contract to develop 250 MW (50 MW x 5) of solar projects in Tumkur district of Karnataka.
LDK Solar awarded $16 million in solar panel dispute with Hindustan Clean Energy
An Indian court has issued a nearly US$16 million arbitral award to Chinese PV company LDK Solar Hi-Tech following its dispute with Indian renewable energy company, Hindustan Clean Energy (formerly Moser Bear Clean Energy) over a solar panel supply agreement. The amount is to be paid within 30 days from the date of the award, and includes the balance of purchase price, liquidated damages and legal fees.
Complete ecosystem needed to ensure India’s solar success – UL India interview
India’s government must create a complete ecosystem to ensure the effective on-ground execution of its ambitious solar program, says Chakradhar Byreddy, Director–Renewable Energy, UL, Asia Pacific, during an interview with pv magazine. This includes investing in laboratory infrastructure, and skills for technical due diligence, energy yield assessment and forecasting.
Global solar investment drops due to low project costs, China policy change
While overall global investment in clean energy saw a decrease of just 1% YoY in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg NEF (BNEF). It forecasts this trend to continue throughout the year.
750 MW Rewa solar project starts supplying power
The 750 MW Rewa solar power project, one of the world’s largest single-site solar power plants, has started operations.
Lower module pricing will bolster PV deployment in India
More than 80% of India’s solar equipment requirements are met through imports from China. Against this backdrop, industry analysts see the predicted 30% lower module pricing, following China’s revised policy, as a good news for Indian PV projects.
Orb Energy to double panel manufacturing, raise $55 million
Bangalore-based Orb Energy is gearing up to double its solar PV panel manufacturing capacity from 60 MW to 120 MW, and aims raise US$55 million by the first quarter of 2019.
Trina Solar the largest PV module supplier to India in 2017
Chinese giant boasted 18% of the Indian market, to be crowned the nation’s top dog for the third consecutive year. Canadian Solar, First Solar, Hanwha Q Cells and JA Solar also enjoyed a big export market from the rising solar power.
MPUVNL interview: Madhya Pradesh eyeing 2.2 GW rooftop solar by 2022
Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.
