Multinational developers are winning solar projects in India by bidding at extremely low tariffs to make a beginning in the Indian market, but with little appetite to bid at the same low levels again, according to a prominent industry figure.
Developers in Japan with large-scale PV projects in the pipeline have been given just over a year to prove their projects will go ahead, or will lose their feed-in tariff (FiT).
Single-axis PV tracking systems specialist NEXTracker, recently acquired by contract manufacturer, Flextronics is expanding its local manufacturing footprint to Mexico through facilities owned and operated by its parent company in Mexico, which has a number of production facilities in the country.
Troubled renewables firm SunEdison has continued to come under pressure from hostile investors to change some of its business strategies, remove certain executives and force a sale of the business, as well as further class action law suits being filed against the company.
Indian conglomerate Adani Group and solar developer Azure Power have both been awarded 50MW of capacity with winning bids of INR 4.78/kWh (US$0.07) in the 100MW solar auction in the Indian state of Uttar Pradesh.
France has pledged a €300 million contribution to the International Solar Alliance, the climate change-driven initiative to promote solar, backed by more than 120 countries.
Two Spanish parties have presented non-legislative proposals to repeal some of the most harming aspects of the Royal Decree against self-consumption of solar energy in Spain.
