Power purchase agreements (PPAs) have been signed for the pioneering Rewa solar park projects, which briefly had the lowest solar tariffs ever in India.
India’s leading renewable independent power producer (IPP) ReNew Power has brought online what is claimed to be the largest PV plant in Telangana with the 143MW Dichpally solar farm.
Inline measurement equipment specialist Aurora Solar Technologies (AST) has secured a new order from the world’s largest solar cell producer, expanding the use of its Decima 3T and Veritas servers for high-efficiency solar cell production.
The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
The Karnataka Electricity Regulatory Commission (KERC) has reduced the benchmark tariff for grid-connected utility-scale solar in the Indian state from INR6.51/kWh (US$0.101) to INR4.36/kWh (US$0.068).
Struggling China-based PV manufacturer Yingli Green Energy reported a full-year 2016 net loss of US$293.6 million with the majority of losses attributed to manufacturing impairment and supplier bad debt provisions incurred in the fourth quarter of 2016.
