Markets

The central Indian state of Madhya Pradesh is now officially the state with the lowest solar power tariff at INR5.051 (US$0.08) per kWh. Companies that have bid for the projects are willing to sell solar power back to the utilities for this low price over 20 years.

Energy storage is on course to see a boom similar to that in the solar market; Australia aims to tap this potential to facilitate the further roll out of renewables. A new study has identified key investment areas, and barriers, to storage implementation. An overview of the global storage market sees Hawaii and Scotland presenting viable approaches to implementation, although California and Germany are said to have the most “thorough” storage programs.

The Spain-based inverter manufacturer will use the funds from the European Investment Bank to develop its research, development and innovation activities at the company’s Spanish facilities.

Analysis by Institute for Energy Economics and Financial Analysis suggests the country will fall short of its ambitious goal of 100 GW by that date, despite $50 billion grid upgrade and raft of installations.

The current high summer temperatures in Europe have had an adverse effect on the Polish power grid. Planned and unplanned outages kept 7.1 GW offline on Monday. The government had to cut its supply to industries for the first time in three decades.

Four years after Fukushima, Japan’s fifth largest utility Kyushu Electric Power Company brought its Sendai nuclear plant reactor back online on Tuesday.

pv magazine’s August edition explores the state of Japan’s solar policy, examining whether future installation projections might well be accurate; we look at the growing trend of 1,500 V components at utility scale, and investigate the impact of solar+storage at remote mining sites.

California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.

Obama’s clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity’s plans for world domination edge closer to reality.

U.S. module level power company ships record 195 MW in second quarter, revenue up 25% year-over-year, reaching $102.1 million.