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.
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.
TBEA’s new 2 GW factory in India to produce string and central inverters
pv magazine recently attended the opening ceremony of TBEA’s GW-class new energy equipment manufacturing base in Bangalore, India. Bangalore is the capital of Karnataka state in southern India and the city also hosted the recent Intersolar India exhibition and conference in the same week as TBEA’s inauguration ceremony.
Goa to replace traditional clay tiles with solar ones
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
Indian government invites solar research proposals
The MNRE has invited proposals for high-efficiency perovskite solar cells, solar panel recycling, hybrid inverters and new applications that combine solar and storage, among others.
Sterling and Wilson Solar to launch IPO this week
The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.
Lowering emissions without breaking the bank in India
A combination of carbon pricing and a renewable portfolio standard for electricity companies in India will be more effective than either measure in isolation to help the nation meet its climate change targets, according to a study by MIT researchers.
Solarpack posts strong Q1 revenue as it chips away at global backlog
The Spanish developer’s operating revenues reached €12.5 million in the first quarter of 2019, up roughly 35% from the preceding three-month period. EBITDA stood at €4.5 million, up 14% from the fourth quarter of 2018, suggesting that the company has been moving from strength to strength since listing its shares in December.
Global surge to offset potential solar slowdown in China — IHS Markit
The global PV market will probably grow by as much as 25% in 2019, after sagging to a double-digit rate of expansion last year, with annual capacity additions likely to hit 129 GW, IHS Markit says in a new report.
