Revision in the outlook to ‘stable’—from ‘positive’—stems from resurfacing renegotiation fears and continued delay in payments from some of the offtakers.
The project—commissioned for food processing firm Keventer Agro—is spread across 250×70 m2 and uses 6240 numbers of Vikram’s high-efficiency 345Wp monocrystalline modules.
The projects—in various capacities ranging between 1 KWp and 25 KWp—are to be set up across the state. Proposals can be submitted till October 4.
A memorandum of understanding signed by the institutions was not solar specific but the use of PV modules for shading, especially in agriculture, can reduce water consumption and help halt the expansion of deserts.
Integrated power infrastructure offers an emerging investment opportunity in Asia as the region expands and adapts its energy mix to address sustainability and resilience goals. Narsingh Chaudhary and Mitesh Patel, of engineering, procurement and construction business Black & Veatch, tell pv magazine more.
Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.
The Solar Energy Corporation of India has extended the deadline yet again for a procurement exercise originally intended to secure 5 GW of PV manufacturing capacity and 10 GW of generation assets 13 months ago. The deadline for bidding for 2 GW of production and 6 GW of generation capacity is now October 11.
With this addition, the total installed renewable energy capacity of the state-owned power generator has exceeded 1 GW.
The state with power deficit of up to 20% provides the opportunity to scale up the solar capacity to 2 GW by 2022, which would require an investment of Rs11,000 crore.
The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.
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