IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
The combination of a 9 MW solar park developed over its rocky barren land and rooftop PV panels installed on 79 government buildings generate enough solar power to meet Diu’s daytime electricity needs.
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.
For two separate projects, Madhya Pradesh state is witnessing delaying and associated losses. In one, ReNew Power has been slapped with $1.68 million fine for delays to a 51 MW PV project, and in another case, BHEL’s proposed 10 MW solar plant obstructed by state government.
Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.
For 1.2 GW tender, Karnataka Renewable Energy Development Ltd (KREDL) had received bids only for 550 MW capacity. KREDL has now retendered the remaining 650 MW grid-connected solar PV project to be installed at Pavagada Solar Park in Karnataka.
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
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.
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.