Indias central Electricity Regulatory Commission (CERC) calculates the capital cost for solar PV has dropped 28% from the benchmark numbers over the last two years. Meanwhile, an initial tariff of INR 7.01/kWh has been set. The final figures are to be confirmed this March 31.
Valoe Corporation, formerly known as Cencorp, has received a EUR 4 million funding boost to develop its back contact solar PV technology. The company is also confident it will soon finalize financial negotiations for its first foreign manufacturing partnership agreement.
A memorandum of understanding (MOU) between the Russian Energy Agency (REA) and Solar Energy Corporation of India (SECI) will see both large-scale solar PV projects deployed, and manufacturing facilities established, in India.
According to the latest figures from the U.K. Department of Energy and Climate Change (DECC), cumulative solar PV capacity reached 8.4 GW in November, up from just 223 MW in 2011. This represents installs totaling 3.4 GW in the first 11 months of 2015. A Q1 boom is expected, before the new FIT cuts take effect.
The PV equipment maker has reported $22 million in solar orders in its most recent quarter, mostly from an un-named solar cell manufacturer in Asia.
The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.