Markets

The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, despite ceding 4% of its global market share, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market, accounting for 64% of global shipments.

Reduction in solar park charges was not enough to attract developers in the same numbers that flocked to a separate 500 MW exercise two months earlier. The Raghanesda Solar Park continues to be a headache after a previous attempt was cancelled because the tariffs were deemed too costly.

Founded in 2006, Bengaluru-based Orb is a rooftop solar provider that manufactures panels and provides finance for SMEs through a collateral-free loan that matches the payback period for its solar systems. Orb has sold more than 160,000 units in India, with cumulative installations of around 65 MW of PV rooftop capacity.

Bidding for 27 MW solar project at Haripura dam and 13 MW project at Tumariya dam could not be completed as scheduled due to implementation of code of conduct for General Elections Lok Sabha 2019. The revised bid submission deadline is now May 25.

Spanish-German renewable energy developer Siemens Gamesa—which developed India’s first wind/solar hybrid plant—has commissioned over 400 MW solar capacity in India.

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

The state-owned power generator has invited bids for operations and maintenance of 10 MWp solar plant at Unchahar in district Rai Bareilly of Uttar Pradesh, and also for setting up of 3 MW plant at its Kahalgaon plant in Bhagalpur district of the state of Bihar.

The state-owned hydropower generator has invited bids for setting up of rooftop and small solar power plants of total 1082.16 kWp capacity at its power stations/units in the state of Himachal Pradesh. The projects will be awarded through domestic competitive bidding followed by e-reverse auction.

The independent power producer now has 1.6 GW of operational solar assets. Other recently commissioned Azure projects include the final phase of a 260 MW solar project in Gujarat and a 100 MW facility in Karnataka.

The private-sector integrated power company will cease to build new coal-fired capacity. Instead, it eyes 70% of new capacity additions coming from solar, wind and hydro through to year 2025.