India’s solar manufacturing sector appears to have received a boost, with solar cell manufacturer Indosolar signing a wafer supply agreement worth US$200 million with Korean company Osung.
The Indian Ministry of New and Renewable Energy (MNRE) has drafted guidelines to install 2GW of new solar PV generation capacity through the current phase of the country’s National Solar Mission (JNNSM).
Wacker has reported that preliminary sales for its polysilicon division in the fourth quarter of 2014 topped €262 million, up 5% from the prior year period, but declined slightly quarter on quarter.
Lowering interest rates for Indian solar projects from around 14% to 7% would save around one-third of the project’s entire lifetime cost, according to a senior climate financier.
GCL New Energy Holdings has guided plans to build 2GW of PV power plant projects in China in 2015, increasing by 500MW per annum to reach planned installations of 3GW in 2017.
