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SoftBank and Essel to develop 500 MW solar park

A failed association with IL&FS has failed to deter SoftBank from its plan to invest a staggering $1tn in Indian solar by 2030. Now the Japanese funding giant is working with Essel Infraprojects on a 500 MW plant, with further details yet to be revealed.

Falling rupee could threaten Rs28,000 crore of solar projects

As the currency continued to fall today, analysts are concerned developers will see any savings from falling module prices disappear, and lenders may get nervy, putting the national solar target in grave doubt.

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Azure Power raises $400 million in debt and equity

Azure Power has raised the capital since June 30th, and says it is “the largest amount of financing raised by a solar power company in India during this period”. Azure says the fund leaves it well positioned to deliver a 2 GW project pipeline.

Solar City Initiative phase two launched in Delhi

The programme allows the installation of solar roof atop apartment blocks, which otherwise could not install such systems. Potential in the area is around 15 MW, of which 6 MW have been signed up for already. Another 5 MW should be developed in this second phase of the project.

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Just 16 countries on track for climate goals

New research from institutes at the London School of Economics has found a significant gap between what countries declared they would be doing in compliance with the Paris Agreement, and what they have translated into national law three years later. As officials from around the world will flock to Poland next month to negotiate the implementation pathway of the Paris Agreement, this and other new studies draw a dark picture of current performance.

Video: Future PV Roundtable REI 2018

Innovation continues to be a driver of the global PV industry. India is no exception as the sector continues to pursue the ambitious goal of 100 GW by 2022. But what is the latest status of innovative PV power plant componentry, design and execution in India in 2018? And what are key drivers and constraints […]

The long read: Let’s get digital

As price pressure continues to exert its strong grip on the inverter market, digital services make their way into the offerings of manufacturers. The new technologies create the possibility to steadily generate profits, and thus create resilience to market fluctuations. But they also allow the installation of more solar assets, as they cater to the need to improve grid resilience to compensate for intermittent renewable energy.

India largest market for off-grid solar products: report

Cornering 44% of the total global sales for 3.66 million off-grid solar products in the first half (H1) of 2018, India has emerged as the world’s largest cash market for such products, according to the latest report by Global Off-Grid Lighting Association (GOGLA).

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Video: Quality Roundtable REI 2018

pv magazine’s Quality Roundtable at this year’s Renewable Energy Expo India (REI), attracted analysts and experts from across the industry, who gathered in Greater Noida to discuss the challenges and opportunities present in the massive Indian solar market.

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‘We have proven that software is the essential link on grids’ – Greensmith interview

Following the launch of Greensmith Energy’s new Gridsolv standardized storage solution, which integrates software helpers and standardized architecture for easy installation, pv magazine caught up with CEO John Jung to discuss the state of the storage market and the role of digital services.

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