The Ministry of New and Renewable Energy has initiated the second phase of its CPSU program to provide installation capacity totaling 7.5 GW of solar projects made using domestically manufactured solar cells and modules.
The Nova Olinda project will be located near Ribera do Piauí, in the microregion of Alto Médio Canindé.
The green bond offering will be the first of its kind to be issued in India, and comes via Azure Power’s stated aim to continue promoting and investing in renewable energy in the country.
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.
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.
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.
With the primary purpose of financing residential PV in Canada’s province of Nova Scotia, the Solar Community Economic Development Investment Fund (CEDIF), dubbed Solar Scotia Energy, has recently met its minimum funding needed to start and to date has raised nearly one million dollars.
Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.
Milan Nitzschke, president of solar manufacturing trade body EU Prosun, believes that the new proposals for MIP by the European Commission’s DG Trade offer a more accurate means of imposing necessary trade tariffs on imported solar cells and modules.
The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.
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