India’s solar cell and module exports grow 157% in eight months
Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.
Engie sells controlling stake in 813 MW Indian solar portfolio
This transaction is part of Engie’s develop, build, share and operate strategy which involves selling part of its stake in renewables assets while carrying out operations and maintenance.
Germany tops global league table for renewable energy
A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.
The weekend read: Your guide to market growth in 2020
Some 15 countries are likely to be able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to conservative projections from BloombergNEF. Nonetheless, PV suppliers, developers and service providers are always on the lookout for new pockets of growth. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 “fast-growing” solar markets to evaluate where the opportunities, and potential risks, lie.
Tata Power Solar bags 250 MW PV project from Indian utility NTPC
The project will be built with Indian-made cells and modules. It will likely be completed within the next 20 months.
India tenders for another 1.2 GW of solar capacity
Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with an energy price ceiling of $0.039/kWh.
The world will add 142 GW of new solar this year
IHS Markit has predicted another year of global solar growth but a peek behind the headline figures shows uncertainty dogging the markets of China and India, two of the most important markets and biggest polluters.
Suzuki-led JV to invest $517m in second phase of Indian lithium-ion factory
A joint venture with Japanese peers Toshiba and Denso will make the investment in the Gujarat plant over the 2021-25 period, having pumped $174 million into the first phase of development.
India reportedly considering waiving carbon tax on coal
As Germany shuttered another of its nuclear power plants on New Year’s Day, the office of Indian prime minister Narendra Modi was said to be considering a proposal which would make coal more competitive with renewables in one of the world’s worst polluting nations.
Solar-plus-storage will start to make big inroads in the year ahead
By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.
