Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
Vikram Solar has completed 80 MW of PV at two sites in Gujarat under India’s National Solar Mission.
The executive director of the India Energy Storage Alliance (IESA) Rahul Walawalkar, talks to pv magazine about India’s vast energy storage potential ahead of next week’s World Energy Storage Day.
PID in India: In the cost-conscious Indian solar sector, ensuring reliable power output should be the number one priority. However, an example of one solar farm suffering from the ill-effects of under-performing modules, installation malpractice and unsatisfactory maintenance shows how corner cutting from the outset is more damaging in the long run.
Three new solar PV projects totaling 433 MW are under implementation and are expected to be finished by the end of the year, taking NTPC’s 2017 renewables installation tally to 1 GW.
Former Indian minister of new and renewable energy Piyush Goyal, who has now been appointed as new minister of Indian railways after a cabinet reshuffle, may use his experience to implement the railways’ 1 GW solar plan.
The Indian ratings agency estimates that prices of imported panels increased by 15% over the last three months, thus endangering PV projects planned to sell power below INR 3.5/kWh.
The project has been completed for their client Brewer Energy Pvt Ltd.
Somalia is the latest country that has ratified the ISA framework agreement, taking the number of ratified countries to 10. Five more required before ISA can exist as a legal body.
In a recent cabinet reshuffle, Piyush Goyal has been replaced by Raj Kumar Singh as the new Power; and New and Renewable Energy Minister of State.
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