While India will hit 20GW of installed solar PV capacity this year, its annual deployment is expected to slow down to 5GW, according to consultancy firm Bridge to India, which released its latest ‘India Solar Map 2017’ today.
Once upon a time, it was relatively easy to verify a PV module manufacturer’s shipment claims and therefore any market share gains or shipment milestone claims as the majority of leading companies were public listed entities.
Vietnam’s final solar power purchase agreement (PPA) has to a large extent ignored recommended changes from a group of international Chambers of Commerce and therefore its attractiveness to foreign investors remains in doubt, according to representatives from law and finance sectors.
Dr. Nguyen Tuan, director at the Renewable Energy Centre, Institute of Energy, Ministry of Industry and Trade (MOIT), Vietnam, discusses the current state of play for solar in Vietnam.
Mitsui & Co., a major Japanese industrial conglomerate, has formed a Joint Venture (JV) with leading India mini-grid developer OMC Power to expand their mini-grid business into Africa. The new JV is part of a ¥1 billion (US$9 million) equity investment by Mitsui in OMC Power.
Solar FlexRack is to supply trackers to a 7MW Vermont solar project, Key Equipment Finance is supporting Boviet Renewable Power for a 1.75MW Georgia solar project, Coronal Energy and CVEC partner on Virginia solar.
