Asia

Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.

ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.

Independent energy analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.

REC Silicon ASA has announced that it will today lay off around 100 employees from its workforce based in Washington, the U.S., and reduce production, as a “direct result” of the trade dispute between the U.S. and China.

Yingli Green Energy Holding Company Limited has been delisted from the New York Stock Exchange, and expects to begin trading on the OTC Pink on July 2, where there are no disclosure requirements.

Jayant Parimal is the CEO of Renewable Energy at Adani Enterprises, which has developed more than 1 GW of PV projects in India in partnership with Huawei. Recently, pv magazine caught up with Mr. Parimal in India to discuss the massive opportunities in the country, and Adani’s switch from central to string inverters.

The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar.

Finnish-based energy-solution provider, Wärtsilä has signed an agreement with automobile producer, Hyundai Motor Group to establish a commercial partnership for the use of second-life electric vehicle (EV) batteries in storage solutions.

The manufacturing facility is aiming to produce enough glass to satisfy production of approximately 3.7 GW of solar PV modules per year. The company is also planning to build a 2 GW module factory in Zhangjiagang.

This year, The Smarter E made its debut this June 20 to 22 in Munich, Germany, bringing together existing exhibitions, Intersolar Europe and ees Europe, with two new events, Power2Drive Europe and EM-Power. This change reflects both the strong shift towards storage, and the rapidly changing face of the overall energy industry. pv magazine hit the floors, attended the conferences and held two roundtables to discover the latest trends. Read on to discover our eight key takeaways (and one new buzzword).