Memo to the EU: ‘India is the largest clean energy market in the world that will operate on market-friendly principles’
The second day of REI in Greater Noida continues to attract large numbers of delegates, with the exhibition halls crowded, and conferences well attended. During an EU-Indian session this morning, India’s CEEW boldly stated that India is the largest clean energy market in the world, which will operate on market-friendly principles. Overall, CEO, Arunabha Ghosh outlined four basic vows needed for the Indian renewables market to grow; and said decarbonzation of the industrial sector should be the next big focus for renewables.
ADB supports rooftop solar in Sri Lanka with $50 million
The funds will be used to finance the Battle for Solar Power Programme, a loan scheme for households and businesses willing to install rooftop PV under net metering or net accounting mechanisms.
US: SunPower’s back-contact technology excluded from Section 201 tariffs
The role of SunPower’s planned purchase of SolarWorld Americas in getting a rare reprieve from the Trump Administration’s bellicose trade actions is unclear.
PVP4Grid examines prosumer concepts across Europe
The EU-funded research project has presented its first results. Its goal is to examine different regulatory frameworks for prosumers with photovoltaic systems in eight European countries.
REI 2018 opens its doors with a bang
The 12th Renewable Energy India (REI) Expo opened its doors today; the booming music and bright sunshine mirroring India’s ambitious goals to become the biggest RE market in the world. In the opening conference, the government’s commitment to renewables was underlined, while BNEF said the country will have one of the highest penetrations of solar and wind, globally, by 2050. Companies are also starting to look to India for manufacturing opportunities, although the landscape is still filled with uncertainty.
Poland: Solar sees bidding prices slightly increase in simulated RE tenders
A simulation of Poland’s two upcoming mixed wind/solar auctions held by the Polish wind energy association has shown that wind may prove more competitive than solar, especially in the auction for projects over 1 MW. The real auctions are expected to be launched between November and December.
Another Facebook data center goes solar
The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.
Marubeni to double global renewables portfolio in shift from coal
Marubeni has revealed plans to halve its 3 GW global coal-fired power portfolio by 2030, and double its holdings of renewable energy within the next five years.
Hard times for Taiwan’s PV manufacturers
Taiwanese solar cell manufacturer, Motech has announced plans to reduce its workforce by 300 and further adjust production capacity, while Sino-American Silicon’s CEO has revealed the company may exit the wafer business.
US: 25% tariffs on Chinese inverters to start on January 1
The final order from the U.S. Trade Representative includes an interim tariff rate of 10% set to start on September 24.
