Solar PV

The 5 GW PV park, planned for the Dholera Special Investment Region of Gujarat, will become the world’s largest project of its kind, when complete. It is expected to attract an investment of US$3.7 billion and generate employment for more than 20,000 people, says Jai Prakash Shivahare, managing director at Dholera Industrial City Development Limited. He takes time out to speak to pv magazine about the mega solar project.

PV in India: The seemingly serene solar journey that India was on has hit stormy waters in recent months as issues regarding tariff duties, domestic content and financial backing have served to shake confidence in the industry. But there still exists fantastic potential across the nation for PV to really embed itself as India’s favored power source, provided it can address these three key questions.

In the past financial year, India missed its rooftop solar PV targets, although it did exceed those for both grid-connected ground-mounted and off-grid systems, reports the Ministry of New and Renewable Energy. Bridge to India believes the government’s rooftop targets have been set at the wrong level and that around 10 GW will be installed by 2022, rather than 40 GW.

U.K.-based water company, Northumbrian Water has entered into a partnership with Lightsource BP for the development of 10 new solar farms at its sites, which are expected to generate 10 GWh of clean electricity each year to help power its operations.

The first solar PV modules have come off of TSEC Corp.’s new 1 GW manufacturing facility – the biggest of its kind in Taiwan.

According to a tracking report from five international agencies, the world is lagging behind its sustainable development goals for the period 2015-2030, although significant progress has been made in reducing electrification deficit in the least developed countries, and industrial energy efficiency. Off-grid solar solutions, meanwhile, are emerging as one of the key drivers of rural energy access.

Following the publication of its disastrous 2017 financials, Yingli Green Energy Holding Company Limited has now seen the filing of a request for arbitration for US$897.5 million in payments due from one of its long term polysilicon suppliers.

The Solar Energy Corporation of India Limited (SECI) has announced a slew of Requests for Selection (RfS) for the installation of various PV projects totaling 3.37 GW across the country.

The Solar Energy Corporation of India Limited (SECI) has announced a tender for the development of a 150 MW grid connected floating solar PV power project in the Indian state of Uttar Pradesh.

In reporting its FY 2017 financials, Yingli has again revealed that “substantial doubt exists as to the Company’s ability to continue as a going concern.” It is seeking to agree on a debt restructuring plan with creditors, and is asking them to refrain from initiating bankruptcy proceedings. Overall, it recorded a 2017 net loss of US$510 million and total liabilities of $3.2 billion. It has not issued guidance for this year.