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.
The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.
The 500 kW floating solar plant in the Wayanad District of Kerala, commissioned by Adtech System Ltd, is the largest floating solar plant in India.
The power developer has installed 40 MW in Gujarat and 100 MW in Maharashtra under VGF scheme and will receive power tariff of INR 4.43 ($0.07)/kWh for the next 25 years.
One of the most prominent solar developers in India, Azure Power has gained 100% of the total allocated capacity in an auction conducted by NVVN.
The compact mobile testing lab can be implemented at various stages of plant construction to improve the energy generation from a PV power plant.
The guarantee is a unique initiative by the state government of Madhya Pradesh for its Payment Security Mechanism, which had a role to play in the phenomenally low tariff achieved for the Rewa solar project.
Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.
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