Fortum says it is not exiting the Indian solar market
The Finnish utility has reiterated its commitment for the Indian PV market, after a media article had reported that the company is seeking to sell its solar assets in the country.
Fortum-NBCC and ABB pledge to build EV charging stations in India
Fortum will collaborate with NBCC, India to develop 150 electric vehicle (EV) charging stations in India over the next 18 months, while ABB has bid for the tender to provide 4,500 charging stations across the country.
U.S. PV system prices have already increased due to Section 201 (w/ charts)
The latest report by GTM Research puts numbers on the increase in H2 2017 system prices and analyzes the potential damage from a range of scenarios.
AECEA: 50 GW within reach for 2017 installations in China
According to the latest briefing from Asia Europe Clean Energy Consultants (AECEA), China is likely to install more than 50 GW of PV in 2017, a second consecutive record breaking year for the world’s leading market.
European Investment Bank partners with International Solar Alliance, confirms €800m ($940m) Indian RE support scheme
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
MNRE urges Tamil Nadu to prevent curtailment of solar
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.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
Tamil Nadu signs MoUs for 1.5 GW solar auction
The government of Tamil Nadu this week signed MoUs with four companies to set up solar plants, after 16 companies successfully bid for 1.5 GW of capacity.
REI exhibition: India will surpass 175 GW renewable target, says MNRE
Secretary of the Ministry for New and Renewable Energy Anand Kumar believes the country can confound doubts about its bold solar ambitions and smash its 175 GW of renewables by 2022 target.
India heading to 20 GW of installed capacity by the end of this financial year
In the last four quarters in India 7.5 GW were installed. The total accumulative capacity reached 16.2 Gigawatt, reports Bridge to India. After rapid growth in the last quarters the market will probably slow down somewhat.
