Highlights

For developers to close the emerging gap as the market becomes more competitive – and, crucially, build projects that perform to investors’ expectations in the long term – they need to not only develop better understanding of the factors influencing project performance but also take steps to adopt advances made in other established solar markets worldwide in the use of solar data.

A new report highlights key investors finding opportunity in India’s US$500-billion renewable energy infrastructure development and various factors driving these investments. 

The Indian multinational player, which has a solar engineering, procurement and construction portfolio of more than 10.6 GWp globally, says the latest addition will be among Egypt’s largest PV projects.

The Indian automotive battery major has announced the setting up of a 50 MW solar power plant in Chittoor District of Andhra Pradesh. The plant—to be built at INR 220-crore investment—will help reduce the manufacturer’s carbon footprint while lowering its electricity bill. The firm, which has already set up a pilot plant facility for Lithium-ion cell development, is also mulling investments into energy storage for the renewables sector.

Given the rapid decrease of the solar electricity cost, pv magazine explores the drivers and obstacles behind switching off coal and embracing photovoltaics and other renewable energy technology in Asia. The good news: things are moving in the right direction.

A net feed-in tariff could offer a solution for consumers, developers, and distribution companies.

Bidders have until February 26 to lodge their interest to set up the grid-interactive, decentralized solar capacity across various locations in the State. The project size will not exceed 10 MW at a particular location.

Scientists in India modeled the performance of tin-based perovskite (methylammonium tin triiodide) finding that with careful optimizations the material could achieve efficiencies beyond 28%.

The development lender’s private-sector arm helped Indian commercial clean power company Continuum Green Energy raise $561 million to refinance its debts through the bond, on the Singapore exchange.

The state electricity regulator has passed the order in Gujarat Urja Vikas Nigam Ltd’s favor, allowing it to retender the 700 MW capacity to seek lower tariffs than the INR 2.78-2.81/kWh levels awarded to developers. Developers’ body says the move will impact investors’ sentiment as arranging finance starts soon after developers win a capacity.