Simarpreet Singh, director at EPC firm Hartek Group, speaks to pv magazine about the impact of the Covid pandemic on India’s rooftop solar sector, technology trends shaping the market, and the outlook for 2021.
Investors sitting on three-year notes worth $500 million have been asked to postpone settlement for another three years and to sign away their rights to oppose the debt restructure plan which would be needed if the company defaults on the commitment, triggering a cross default.
Trina Solar is spearheading an effort to standardize 210mm silicon wafers and modules, aiming to improve production efficiency, supply chain optimization and innovation.
More than 500 factories have registered to make their manufacturing facilities more eco friendly in the garment exporting powerhouse and the nation’s net metering rules offer an obvious step in the right direction.
The nation is set to have added 40 GW of solar in 2020 and that figure will rise again this year, to 45-50 GW, according to one of the year’s first industry predictions.
Through the new factory, the company’s total module production capacity will be raised to 6.6 GW. The manufacturing facility will also have a cell capacity of 2 GW.
The Indian group secured the project in an auction held by the Solar Energy Corporation of India (SECI). The plant will sell power to the Indian grid at a price of INR 2.41 ($0.033)/kWh under a 25-year PPA.
Ankit Kapasi and Kishore Ganesan from SOFIES India are working on the Solar Waste Action Plan (SWAP) project in India, which is looking to investigate both the technical and economic feasibility of a PV module recycling system in the country. The pilot has been funded by Signify Foundation and Doen Foundation. The team at Sofies is working closely with technology partner Poseidon Solar and established the first PV recycling pilot plant in September 2020. The duo spoke to pv magazine India about their plant’s techno-commercial feasibility and the Indian eco-system’s readiness for PV module recycling.
Japanese financial services giant Orix has agreed to buy an 80% stake in Spain’s Elawan Energy, as part of its plans to develop solar and wind projects.
A 50 MW PV project, located in northern central Bangladesh’s Mymensingh district, has begun supplying electricity to the national grid. Full commercial operations for the plant are expected to begin in January.
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