The Gujarat state government has approved a 5 GW solar PV park, to be located in the Dholera Special Investment Region. The development of what will become the world’s largest such project when complete, is seen as “crucial” on the back of Bangladesh’s recent interest to procure 2 GW of solar energy from India.
According to the latest GTM Research statistics, global inverter shipments increased 23% in 2017, and revenues 11%, thus representing another record year. A market first, three-phase string inverter shipments overtook those of central inverters.
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
India’s Topaz Solar Private Limited has signed a memorandum of understanding (MOU) with France-based Appolon Solar SAS for the supply of a complete turnkey system for manufacturing bifacial PV modules.
As a first phase, Topaz Solar Private Limited has said it will set up a 500 MW solar PV module manufacturing facility in India’s northeastern state of Odisha. It will seek to increase this capacity by another 700 MW, and add 500 MW of cell manufacturing under a second phase.
Longi Solar will set up a 1 GW solar PV manufacturing facility in India’s Andhra Pradesh. It will manufacture 500 MW of cells and 500 MW of modules, a spokesperson tells pv magazine. The facility is expected to be commissioned by Q1 2019 at the latest, and will seek to take advantage of India’s exemption from the recent U.S. solar tariffs, imposed by President Trump last week.
Having reportedly ended its relationship with SMA Solar, Siemens has announced it will be manufacturing and supplying 5 MW inverters to the Indian market.
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.