Terrawatt Initiative and International Solar Alliance announce taskforce to lower cost of PV finance
The Common Risk Mitigation Mechanism for solar generation assets is intended to identify ways to scale up investment in solar to $1 trillion, and will be supported by members of the International Solar Alliance, the World Bank Group, and the Terrawatt Initiative.
Indian state of Haryana exempts solar components from VAT
The move by the Haryana government seen as clear support of solar industry, designed to lower the financial barriers for renewable energy in the Northern Indian state.
India: TANGEDCO announces 1.5 GW solar tender
A total of 1.5 GW of solar in the Indian state of Tamil Nadu is due to be tendered with the upper tariff limit set at INR 4 ($ 0.062)/kWh.
Israel to hold tender for over 150 MW of large-scale PV in July
In the latest tender for PV projects up to 12 MW held in March, the Israeli government allocated around 235 MW of solar capacity. Overall, the Middle Eastern country has reached cumulative PV capacity of over 900 MW.
ABB unveils suite of new solar inverters as part of pivot towards greater digitalization
The Swiss-headquartered power electronics company is to introduce new 100 kw and 120 kW three-phase string inverters for the C&I and large-scale markets, the new 60 kW TRIO TM and a new addition to its residential UNO-DM-PLUS range.
Report: Suniva case could destabilize global supply chain (with chart)
IHS Markit says the complaint could also cause the U.S. market to crater 60% by 2021, causing global module oversupply and driving module prices ever lower.
German government releases draft of future joint auctions for solar and wind
Starting 2018, 400 MW of capacity will be allocated every year in joint auctions for wind and solar projects. German association BSW-Solar asks for a level playing field, and recommends other instruments to promote Germany’s Energy Transition.
Mercedez Benz enters U.S. battery market with Vivint partnership
The German manufacturer, in partnership with the No. 2 residential solar installer in the United States, will bring customizable home energy storage systems to the United States.
2 MW solar plant powers Jordan’s Azraq refugee camp
With a 2 MW solar PV plant switched on, Jordan’s Azraq camp has become the world’s first refugee camp to be powered by renewable energy.
Interview: Europe needs big PV manufacturers
Xavier Daval, the president of the French solar association SER-SOLER, spoke with pv magazine about the necessity of creating a large European industrial group specialized in solar module production. Leaving solar manufacturing to China and the United States, Daval said, would make Europe energy dependent for the next decades.
