The Indian state of Tamil Nadu is planning to be an international climate leader for emerging economies by 2023 through its new target of 9GW of solar PV by the same year.
Tesla reported as expected lower solar system installations for the fourth quarter of 2018, while citing continued testing of its roof tile system for a still vague roll-out timetable for mass production and deployments.
Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.
DEWA and KEPCO complete solar-wind-storage smart grid, Krinner Solar completes 7MW solar project in Hamedan, EU approves €1.24 billion support for renewables in Lithuania.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
Solar Energy Corporation of India (SECI) is planning to develop its own renewable energy projects at the Indian archipelago of Lakshadweep, with an eye on coupling the projects with battery energy storage.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
India’s renewable energy deployment is expected grow by 50% year-on-year in 2019 with a total of 15,860MW of installations, according to a report by consultancy firm Bridge to India.
