The infrastructure fund of IDFC Alternatives has signed an agreement to purchase 190 MW worth of solar PV assets from First Solar Power India, an affiliate of First Solar Group. The projects are located om the states of Andhra Pradesh and Telangana.
Overall, the French government allocated 507.6 MW in the tender, which was open to ground-mounted PV systems between 500 kW and 17 MW in size.
Rahul Gupta, founder and MD of Indian solar developer Rays Experts tells pv magazine that the anti-dumping case lodged against Chinese, Taiwanese and Malaysian solar companies could deliver temporary blow to India’s solar momentum, but in the longer-term it might be best for the sector.
The official target set by the Chinese government for the end of this decade is still 105 GW.
The Taiwanese solar association filed a complaint on behalf of Taiwanese cell manufacturers, claiming that the prices set by the two market research companies do not correspond to real sale prices and are below real production costs.
Another 20 MW solar plant was connected to the grid in the Iranian southeastern province of Kerman, where at the same time construction started on a 100 MW PV facility.
The newly installed PV power for 2016 was approximately 219 MW, according to new data released by the government.
Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.
Overall, 11 similar proposals for PV and hydropower projects of up to 2 MW have been filed to date by the Albanian Ministry of Energy and Industry.
Around 3,909 MW of solar was assigned in yesterday’s auction. This is 400 MW more than what Spanish solar association UNEF had estimated in its provisional forecast.
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