India will install 31GW of solar capacity by 2019, which is short of a projected 69GW government target, but the market will still grow at an “impressive pace”, according to the latest forecasts from consultancy firm Bridge to India.
India has officially approved its well-publicised 100GW by 2022 solar capacity target after a meeting of India’s Union Cabinet, chaired by the Prime Minister Narendra Modi.
Power engineering company Bechtel has dismissed concerns that its 358MW Soda Mountain solar project proposed for the Mojave Desert will be setback without the city of Los Angeles purchasing electricity from it.
Clenergy, best known for its mounting systems for utility-scale and commercial rooftop solar power systems, has financed and constructed a 30MW grid-connected PV plant in Zhongwei, China.
Leading microinverter firm Enphase Energy has supplied over 3,200 C250 microinverters to a single 900kW commercial PV installation in Marion, Massachusetts, its largest installation to date using the commercial microinverter.
State-owned companies including the Indian Renewable Energy Development Agency (IREDA), Power Finance Corp (PFC) and Rural Electrification Corp (REC) plan to raise around INR50 billion (US$779 million) through the sale of tax-free bonds for renewable energy projects in India.
A proposed “sun tax” on use of batteries for residential self-consumption of solar energy in Spain could increase payback time from around 16 years to 31 years under a new draft Law put forward by the Spanish Government.
