Price of INR 3.30/kWh recorded at Rewa Solar Park auction in Madhya Pradesh among lowest in the world, and marks continuation of downward trend. Many factors played a role in bringing down the price in this particular auction, says Mercom Capital Group.
The independent power producer has signed a development partnership with GSSG Solar to build a 170 MW solar portfolio in Japan through its Japanese operator, Nippon Solar Services.
The company’s Phase 3A facility in China’s Xinjiang is now up and running, and should reach full production capacity of 18,000 metric tons of polysilicon the first quarter of the year.
Today’s reverse auction for capacity at the 750 MW Rewa solar farm in the Indian state attracts record-low bid of just INR 3.59/kWh ($0.053/kWh).
Sharp uptick in polysilicon imports into China between October and November last year point to repeat of 2016’s first-half solar surge, suggests analysis by Bernreuter Research.
The first two high performance tabber stringers made by the Freiburg based equipment manufacturer have successfully passed a 72 hour site acceptance test at Emmvee Solar’s production facility in Bangalore, India.
The U.S.-headquartered producer of thin film modules collaborated with Thai renewable energy developer Prime Road Group to supply its modules to four separate solar farms in Thailand.
The solar farms, located in Sault Ste., have a combined capacity of 59.8 MW. Canadian Solar will continue to operate the PV plants on behalf of Fengate.
Detailed examination of the National Energy Administration’s official solar PV statistics for China reveals a 200% year-on-year growth in distributed solar. Sector grew by 4.23 GW in 2016.
Data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group shows India’s renewable energy installations have crossed 50 GW, setting the country on course to meet its 2022 goal.
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