PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
A solar auction in the Indian state of Rajasthan has seen the lowest bids so far in the Domestic Content Requirement (DCR) category, which requires project developers to source solar equipment from local manufacturers.
Solar capacity auctioned last night in the Indian state of Jharkhand saw significant contrasts in bids received for the smaller-scale sub-25MW category when compared to the larger utility-scale segment, with indian developer Renew Power winning big.
With a business as usual approach, India is set to reach just one third of its 40GW by 2022 rooftop solar target, according to a new report from the Solar Rooftop Policy Coalition, launched formally by energy minister Piyush Goyal.
The government of Argentinian province La Rioja has signed a letter of intent with German firm Photovoltaic Park to develop three solar parks with a combined capacity of 700MW in separate parts of the province costing US$1.4 billion overall.
French developer SolaireDirect has won a 75MW solar project in the Indian state of Uttar Pradesh quoting viability gap funding (VGF) of INR7.435 million/MW (US$110,527).
Chile's cumulative installed PV capacity reached 1,056MW at the end of February this year, up 43MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
