Electricity regulator steps in to Indian state’s attempt to renegotiate signed PPAs
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
AC Energy, UPC Solar set up new Asia-Pacific joint venture
Philippines-based AC Energy will work with UPC Solar Asia Pacific – the solar energy unit of Hong Kong-headquartered UPC Renewables – to build more than 1 GW of solar in the coming years, with an initial focus on Asian markets such as India, South Korea and Taiwan.
AEPPL signs $689.7m deal for li-ion battery plant in western India
Automotive Electronics Power Private Ltd. (AEPPL), an India-based lithium-ion battery manufacturing venture between three Japanese companies, aims to produce 30 million cells per year by 2025.
India issues bidding guidelines for solar-wind hybrid projects
India’s Ministry of New and Renewable Energy has suggested minimum 25-year power purchase agreements, while also opening up the option to include energy storage in solar-wind hybrid generation projects that are procured under its public tender regime.
India to fall well short of 175 GW renewables target
A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.
Stock markets pumped $1.3bn into solar in the last quarter
Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.
Bill for replacement inverters and other solar maintenance could hit $9.4bn by 2024
This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. a report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.
India prepares to embrace agrivoltaics
Take-up has been slow considering the nation’s mammoth agricultural industry but, as a packed session on the topic at the recent Renewable Energy India show illustrated, attitudes may be changing in a nation which is already installing solar greenhouses.
Court halts Indian state’s attempt to renegotiate PPAs
A bid to renegotiate agreed solar and wind power tariffs in Andhra Pradesh appears to be part of a deliberate campaign by the chief minister elected in May to erase the renewable energy commitments made by his predecessor.
International Energy Agency forecasts 115 GW of new solar this year
The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.
