Indian solar capacity triples in three years to push past 10 GW
Tweet by Indian power minister Piyush Goyal confirms that cumulative solar PV capacity in India has now risen beyond 10 GW, with a further 14 GW pipeline knocking at the door, and an additional 6 GW to be auctioned soon.
The pv magazine weekly news digest
Amid the innovation on display in Portugal, the optimism in Japan and the, well, eagerness in Norway were stories of takeovers, Tesla and storage that shaped yet another fascinating week in the global solar PV industry.
Delhi places rooftop PV at heart of new Solar Policy
The Indian capital’s 2016-2020 solar policy lays out detailed guidelines to increase the city’s solar footprint, including making it mandatory for all large government buildings to adopt PV.
Indian electricity commission cuts price of Renewable Energy Certificates
The Central Electricity Regulatory Commission has proposed to lower the price of solar Renewable Energy Certificates in wake of plunging PV costs.
Sri Lanka moves on 100 MW floating PV
The South Asian nation’s government has approved the construction of a floating PV array on a 202-hectare reservoir in the Mahaweli Economic Zone.
ArcelorMittal eyes 600 MW Indian solar farm approval
The Luxembourg-based steel and mining multinational looks to turn to solar power after securing permission to develop acquired in the state of Karnataka.
India: solar park target should not be limited to 40 GW if demand is there, says Mercom
The recently doubled capacity for solar parks in India from 20 GW to 40 GW has been welcomed by Mercom Capital Group, which says that government should not be too rigid with individual targets if there is demand for more.
Confirmed: India to double solar park 2020 capacity goal to 40 GW
Target expanded to 50 solar parks, up from previous number of 34. Solar Energy Corporation of India will execute the projects in collaboration with state governments across the country.
Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Analysis: India’s record-low solar tariff product of unique circumstances, says Mercom
Price of INR 3.30/kWh recorded at Rewa Solar Park auction in Madhya Pradesh among lowest in the world, and marks continuation of downward trend. Many factors played a role in bringing down the price in this particular auction, says Mercom Capital Group.
