A recent GOGLA report indicates an increasing trend towards hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. In particular, the sales of hybrid solar inverter UPS in India is growing at 25% annually, much faster than conventional inverters’ 10% annual market growth.
The Solar Energy Corporation of India has issued amendments to the procurement and extended the bidding deadline a second time.
The U.S. authorities are currently subjecting imported bifacial modules to a 20% penalty – the same tariff applied to almost all other crystalline silicon solar modules.
India’s state-owned electricity distribution companies (Discoms) are in dire financial straits, as they owe some $16 billion to generators, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Despite this, national PV auctions have been oversubscribed and are setting record low tariffs in the country, indicating strong interest from developers – if the Discom challenge can be overcome.
The state-run power company has invited engineering, procurement and construction services contractors and developers to bid for its solar project contracts, excluding the supply of PV modules. Applications can be submitted until November 19.
Southeast Asia, when taken as a whole, is a global laggard in the uptake of renewable energy, but some countries are leading the way, such as Vietnam, the Philippines, and Myanmar. And as ‘Angry Clean Energy Guy’ Assaad W. Razzouk argues, policymakers in the region cannot hold back the tide of solar and wind for much longer.
Headquartered in Mumbai, Virescent Infrastructure owns 169 MWp of solar assets in Maharashtra and 148 MWp in Tamil Nadu.
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