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.
Tata Power Solar reaches 1 GW module shipment milestone
The solar arm of the industrial giant becomes the first Indian company to surpass 1 GW of global PV module shipments, shipping 60% of that figure over the past five years.
Mercom: India falls behind on installation targets
With 25 of India’s states falling behind on Renewable Purchase Obligation targets, the country’s Ministry of New and Renewable Energy (MNRE) is now requesting that the individual states take action to ensure compliance.
AES, Mitsubishi tie up on India’s first grid-scale storage array
The U.S. power group and the Japanese industrial giant will jointly supply a 10 MW Advancion energy storage bank to help integrate renewables such as solar into a grid network operated by Tata Power Delhi Distribution (Tata Power-DDL) in New Delhi.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
Indian firms request more time to install rooftop plants
With India’s rooftop market set to boom in 2017, the Faridabad Industries Association (FIA), which represents businesses in the Faridabad region of India, has requested an extension to the December 31st 2016 deadline to install rooftop solar on commercial and industrial units.
Solar now accounting for almost 1% of India’s total electricity generation
A standout year for solar installation in India has seen solar PV increase its share of total electricity generated in the country and its share of the renewable energy generated in the country, which now stands at 13%, with this expected to dramatically rise again in 2017.
The pv magazine weekly news digest
As the global solar market nears the end of its tenth consecutive year of growth, the EU-China trade spat looks set to continue, Indian ambitions soar once more, and mono-efficiency reaches new heights.
