Utility Scale PV

The technology makes up almost 70% of planned clean energy generation capacity in a nation which added just 4 MW of solar last year.

Installations are set to fall in India’s rooftop PV sector, even after the current coronavirus lockdown is lifted, as consumers will continue to grapple with financial constraints, according to a newly published research report.

The Hong Kong-listed PV developer has recorded a RMB3,598 million ($511.6 million) net loss for the year to the end of December, despite a 7% year-on-year uptick in revenue to RMB2,168 million.

In a recent interview with pv magazine, K.R. Harinarayan – the founder and CEO of U-Solar Clean Energy – discussed the impact of India’s Covid-19 lockdown on the company’s solar EPC projects, and how the Bangalore-based PV developer is utilizing this time productively.

In light of the slew of trade shows and industry events canceled over the Covid-19 pandemic, solar companies and industry leaders have moved online, with virtual presentations, information sessions, and product debuts to get you through quarantine.

Industry body SolarPower Europe hosted a webinar to consider how the global public health crisis will affect solar. While workers and materials are still available, industry experts are concerned about the state of the financial sector. Banks could become more conservative and raise the cost of capital for renewables projects.

Grenergy was this week due to ship 400,000 face masks to Latin America as European developers today voiced a fear project finance will become increasingly difficult to find as the coronavirus lockdown continues.

pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.

The country’s solar sector offers the lowest average prices for corporate power purchase agreements on the continent, according to BloombergNEF.

Iberdrola’s 500 MW Núñez de Balboa solar park has started commercial operations, following the completion of construction in December.