Huawei bags 860 MW contract for FusionSolar Smart PV solution
The Chinese communications giant and inverter maker has signed an 860 MW contract with solar developer Adani Green Energy to supply its FusionSolar Smart PV Solution 6.0 with SUN2000-185KTL-INH0 inverter.
NTPC seeks to enlist solar project developers and EPC contractors
The state-run power producer has invited solar developers and EPC contractors to enlist for balance-of-system package of its solar project. Applications can be submitted till October 3.
Four off-grid clean energy projects chosen for India-US joint funding
A total of 168 expressions of interest were received by the Ministry of New and Renewable Energy in the second round of PACEsetter Fund programme. Out of these, projects by the Society for Economic and Social Studies, Customized Energy Solutions India, The Energy & Resources Institute and Raghavendra Suntech Systems were chosen for the award of grants.
The impact of corporate tax rates cut on solar industry
The government’s move to slash corporate tax rates to 22% from 30%—and to 15% for new manufacturing companies—has largely been hailed by the solar industry even as it feels impact will be limited.
Green capital at scale urgently needed for emerging economies: CEEW
Lower-middle and low-income countries, which account for 40% of the world’s population, get less than 15% of energy investment.
Fourth Partner commissions 10 MW solar for Bharathi Cement
The ground-mounted plant—located at the Kadapa cement manufacturing facility in Andhra Pradesh—was completed in a record two months for captive electricity consumption.
Indian renewables leaders split over need for regulation
While some of the industry insiders gathered at REI 2019 have made predictable calls to be free of the restrictions imposed by regulators, others maintained policy support is crucial and audience members voiced concern about India’s lack of recycling rules.
Solar-plus-storage can boost investor confidence
A British study has found co-location of solar and storage may accelerate the deployment of profitable merchant renewable energy projects in the United Kingdom. The report predicts installed solar capacity in the U.K. could increase from around 13 GW next year to 19 GW in 2030 and 32 GW in 2040.
Trina opens trade show by announcing more than 4 GW of module shipments to India
The Chinese manufacturer claims to be the first company in the nation to supply that volume of solar modules. The news is unlikely to be welcomed by a government desperate to foster its own solar manufacturing sector.
India Ratings downgrades solar outlook for FY2019-20
Revision in the outlook to ‘stable’—from ‘positive’—stems from resurfacing renegotiation fears and continued delay in payments from some of the offtakers.
