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Indian solar

Will the falling Rupee sink India’s solar dream?

The Indian rupee is posting new lows. As concerns about Turkey’s economic woes persisted last week, the currency hit a record low of 70.32 to the dollar, having breached the 70-mark for the first time in history.

Trina Solar invited to set up PV manufacturing facilities in Pakistan

Trina Solar has confirmed it has been invited by the Pakistani Government to set up solar PV manufacturing facilities in Pakistan. The Government has reportedly said it will provide financial incentives.

India: new record-low solar tariff in Tamil Nadu

Price of INR 3.47 ($0.053)/kWh set at the 1.5 GW TANGEDCO solar tender by developer Raasi Green Earth Energy, which will develop 100 MW of solar PV at that tariff.

India’s cumulative solar capacity tops 12 GW, says energy minister

Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.

Canadian Solar signs PPAs with SECI for 80 MW of solar in India’s Maharashtra state

The Chinese solar firm has finalized power purchase agreements with the Solar Energy Corporation of India for 80 MW of solar PV capacity awarded to the company under the recent Maharashtra tender.

India’s Madhya Pradesh auctions nation’s lowest-priced solar

Today’s reverse auction for capacity at the 750 MW Rewa solar farm in the Indian state attracts record-low bid of just INR 3.59/kWh ($0.053/kWh).

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The pv magazine weekly news digest

It’s back to business as usual for solar in the second week of January. After a brief new year’s rest, the global industry is hitting 2017 at full speed and already showing the beginnings of another action packed year.

India tendered 1.7 GW of solar in December, finds Mercom Capital

Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.

India to spend $1.8bn on power lines to support growing solar base

As part of the green corridor project, the Power Grid Corp. of India will build power lines to transmit 20 GW of power capacity across 34 individual solar power plants. Project cost to run to $1.8 billion.

India to reach 57% renewable penetration by 2027, forecasts government

Bullish ten-year energy blueprint suggests India will surpass renewable targets outlined in Paris Agreement by more than 50% and three years ahead of schedule.

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