Panasonic’s Chinese factory has started the mass production and global supply of prismatic-type automotive lithium-ion (Li-ion) batteries. Its Indian subsidiary, Panasonic India, meanwhile has launched a new energy storage solution, CBPS 8000, for telecom towers at the Elecrama 2018 exhibition, currently taking place in India.
The ISA founding ceremony, held on Sunday March 11 in New Delhi, India, was a highlight in the 2018 solar calendar. French President, Emmanuel Macron announced €700 million in support through loans and donations by 2022, while several other financial deals and MoUs were also signed. Indian Prime Minister, Narendra Modi further outlined 10 action points to help the spread of solar energy.
The International Solar Alliance (ISA), now registered under the United Nations, is organizing its first summit to be held this Sunday, March 11. It is also set to host a founding ceremony of the ISA in the presence of French President, Emmanuel Macron, Indian Prime Minister, Narendra Modi and Bangladeshi President, Abdul Hamid. Government dignitaries of member countries are joining, and 51 solar projects will be signed.
According to Bridge to India’s ‘India Solar Compass’ report, new capacity additions in 2017 totaled 9,255 MW, up 94% on 2016. However, Q4 2017 was slow in terms of project commissioning with just 1,503 MW of utility-scale projects commissioned. Moreover, execution costs have increased by around 18% in just six months.
MOUs for four projects signed at the CII Partnership Summit 2018, held in Andhra Pradesh, India, are valued at more than US$500 million, and are expected to create jobs, alongside bringing in revenue and saving money.
Italian solar equipment manufacturer, Ecoprogetti has finalized an order for a 250 MW PV production line in Vietnam. The glass-backsheet line will be installed by June 2018, according to to the company.
Avaada Power Pvt Ltd has committed US$1.55 billion to develop solar PV projects in the state of Uttar Pradesh in India.
India is planning to impose a safeguard duty this year to protect its domestic solar manufacturing sector. Many in the industry earnestly believe that if such duties were to be imposed, then a slowing down in market growth would be inevitable. However, the Indian Solar Manufacturers Association (ISMA) believes this will not be the case. Either way, this duty has created unwanted uncertainty in the market.
Longi Solar has upgraded its Indian project, and now aims to establish 1 GW of manufacturing capacity for monocrystalline cells and modules, respectively, at its fab in the state of Andhra Pradesh.
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