Despite India tripling solar deployments to reach 10GW in less than three years, the country's ultimate target of 100GW by 2022 will be extremely difficult without better enforcement of the Renewable Purchase Obligation (RPO), according to Mercom Capital Group’s latest market intelligence report.
India’s current template for solar power procurement is up for review. Record low tariffs in Rewa have inspired this re-examination. Jasmeet Khurana, associate director, consulting, Bridge to India, looks at how different states and utilities are reacting to the new procurement landscape.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
The Philippines had 903MW of installed solar PV capacity under its Renewable Energy Law at the end of 2016, according to Department of Energy (DOE) figures.
A 50:50 joint venture formed by ‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS and Turkish firm Kalyon Enerji has been awarded a 1GW local content solar project in the Karapınar region in Turkey at a tariff of US$0.0699/kWh.
India has sanctioned the benchmark costs for grid-connected rooftop and small-scale solar PV plants for 2017/18, according to a Ministry of New and Renewable Energy (MNRE) release.
The route to decarbonisation in the energy sector will create benefits of US$10 trillion every year by 2050, while requiring only US$1.8 trillion to implement, according to a new joint report from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA).
India is expected to double its installed solar PV capacity from 10GW to 20GW within 15 months, according to energy and mines minister Piyush Goyal, who is also encouraging manufacturers to locate in India.
Jetion Solar, Hareon Solar, GCL Technology and Talesun have now been fully withdrawn from the Minimum Import Price (MIP) undertaking, according to the European Commission (EC).
French energy minister Ségolène Royal has signed a decree establishing an energy programme (PPE) for French Guiana, that aims to use solar, biomass and hydro to reach 85% renewables generation by 2023.
