Bidding in the Indian solar industry has been deemed irrationally aggressive by 70% of CEOs responding to a survey from consultancy firm Bridge to India, however, sentiment remains upbeat about growth prospects and the overall industry.
Indian solar developer Azure Power has surpassed 1GW of operating solar capacity, with the completion of a 50MW project in the state of Andhra Pradesh.
Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity.
Queensland is currently the leading Australian state for large-scale solar development and is pushing the country towards another record year, according to Clean Energy Council chief executive Kane Thornton.
Specialist PV manufacturing equipment supplier Amtech Systems is looking to expand its component outsourcing to include solar equipment production in China to remain competitive.
UPDATED: India’s Ministry of New & Renewable Energy has released its ‘National Wind-Solar Hybrid Policy’ seeking to encourage hybridisation of projects due to the benefits they offer for grid integration.
