EESL to install 300 MW of domestically produced PV modules
Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.
Equis Energy snapped up by GIP in record $5bn renewables deal
The Singapore-based renewable energy developer has agreed to be sold to investment fund Global Infrastructure Partners. China Investment Corp, Canada’s PSP Investments and other co-investors are also involved in the deal, which is the largest yet seen for the renewable energy industry.
Global solar market to grow 30% and reach close to 100 GW this year, says Bernreuter Research
The German-based analyst and polysilicon specialist believes that newly installed solar PV capacity will hit 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
Indian large-scale solar growth could slow to 5-6 GW next year, finds Bridge to India
The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.
NTPC set to enter EV charging stations business
The National Thermal Power Corporation Ltd (NTPC), India’s largest power generation company, is seeking pan-India license to accelerate its electric vehicle charging stations business.
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.
Jakson Group to add 1.25 GW of solar manufacturing capacity in India
The Indian energy solution provider Jakson is making an INR 7 billion ($0.11 billion) investment to build 1 GW of solar module manufacturing capacity and a 250 MW solar cell manufacturing plant in Gujarat.
Bürkle presents faster lamination for crystalline modules at EU PVSEC
Bürkle has optimized its current process time for glass-backsheet and glass-glass modules by more than 20%, which will reduce the manufacturing cost per module by up to 10%, depending on the module configuration.
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.
