Markets & Policy

Falling solar equipment prices, bulk module orders, and an expansion in domestic solar manufacturing capacity are driving a solar boom in India. The government can add further impetus if it tweaks domestic content rules.

If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.

Jakson Green has signed a Memorandum of Understanding with the Deendayal Port Authority to develop a green ammonia facility at Kandla Port in Gujarat. The plant is projected to produce 133,000 tons of green ammonia per annum. 

The transmission line for evacuating power from a 13 GW renewable energy project in Ladakh will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the national grid.

Exploratory work and detailed site investigations have started for the 2 GW Borumba Dam pumped hydro project in Queensland, Australia.

The Sixth Assembly of the International Solar Alliance will focus on universalizing energy access through solar mini-grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar.

Historic land use agreement unites developers, environmental organizations and local interest groups, and is the result of a 20-month Solar Uncommon Dialogue convened by Stanford’s Woods Institute for the Environment, the Solar Energy Industries Association, and The Nature Conservancy.

The European Parliament’s Internal Market and International Trade committees have approved and amended a proposal to create a global list of regions and industries with a high risk of forced labor.

Avaada has signed a memorandum of understanding with REC Ltd for $1.8 billion green ammonia project financing.

The Solar Energy Corp. of India (SECI) is accepting bids to develop 1 GW of interstate transmission grid-connected solar projects in India. Bids can be submitted until Nov. 20.