A court in China has ruled that Baoding Tianwei Yingli New Energy Company Limited must pay back RMB 65.7 million in medium term notes, due from 2015 and 2016. The Yingli Green Energy Holding Company Limited subsidiary plans to appeal the decision.
To smoothen this transition, the country needs to build fast solar PV-powered charging stations. In 2017, there were only 220-250 operational charging stations in India, compared to 56,000 petrol stations.
Azure Power has been awarded a 130 MW solar PV project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). It is expected to be commissioned in 2019.
Goldbeck Solar shares the unfortunate details of a botched module supply deal with China Sunergy. To date, Goldbeck Solar claims it is yet to receive a single module.
According to figures released by the International Renewable Energy Agency (IRENA), there are more than 10 million people working in the renewable energy industry. In 2017 alone, the sector added more than 500,000 jobs globally, up 5.3 % from 2016, with solar PV the biggest employer.
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.
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