Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.
The German-based analyst and polysilicon specialist believes that newly installed solar PV capacity will hit 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
REC, one of the biggest European brand of PV panels, is expanding in India with Redington as designated partner.
The Indian developer has secured another solar rooftop project for buildings owned by the Indian government.
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
Electrical equipment group Havells and Israeli inverter maker SolarEdge have revealed plans to provide inverter solutions for 50 MW of residential, commercial and industrial rooftop solar projects across India in financial year 2017-18.
Indian Prime Minister Narendra Modi launches ‘Saubhagya’ scheme with goal to provide electricity to entire country via heavy reliance on solar power.
The company has further procured 2.8 MW of rooftop solar projects in Uttar Pradesh, which is expected to be commissioned by January 2018.
A leading independent solar producer in India, Azure power has commissioned 50 MW solar power plant in Uttar Pradesh.
Last week’s Renewable Energy India exhibition was a busy, bustling affair that highlighted the rude health and impressive energy of India’s solar sector. There are still many hurdles to overcome, however, if India is to develop its own domestic manufacturing industry.
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