The Indian power ministry has released notice preventing any renegotiation of signed PPAs in the solar PV sector, calculated at a potential $7.5bn worth of solar projects.
The Swiss developer of power electronics and storage solutions for the clean energy sector will install a 2 MW battery to support the 90 MW Burbo Bank offshore wind farm in the U.K., and has also secured a supply contract to install its solar inverters at 750 Indian railway stations.
Agreement signed between India’s Ministry of New and Renewable Energy & GIZ Germany seeks improvement of framework conditions for grid integration and renewable energies.
Switzerland’s ABB has further consolidated its market presence in India’s burgeoning renewables sector, surpassing a 5 GW supply milestone. The company claims its inverters now power 40% of various solar projects across the country, whose accumulated capacity stands at 13 GW.
Opinion: One of the main challenges for investors in India is to meet competitive pricing while achieving acceptable quality. Prakash Vora, senior director – Operations at Terraform Global India, explains how to ensure quality in India.
At the 7th pv magazine Quality Roundtable, to be held on September 21 at the REI show in Greater Noida, India, a collection of experts will examine the chief quality concerns facing this growing market. Confirmed speaker Steven Xuereb of PI Berlin explains how investors should take a long-term view when entering the Indian market, looking beyond immediate gains.
Growth in the booming Indian solar market, heavily reliant on Chinese modules, could slow as strong Q3 demand for panels in China and the U.S. push up prices and impact Indian firms’ financial modelling.
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
As India’s energy needs are rising fast, the increased use of renewables in 2030 could save the economy 12 times the installation costs, when reduced environmental and health damage are taken into account, shows International Renewable Energy Agency’s roadmap to 2030, ranking solar as the country’s second largest source of renewable energy.
Report by market analysts forecasts India to become world’s third-largest solar market for 2017 but warns of headwinds including rising competition forcing down tariffs, uncertainty caused by anti-dumping issue, and potential rising module prices.
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