India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
Imported inverters could even be subject to an extra International GST tax, while an MNRE official told Mercom that there would be a 5% increase in solar project costs.
Solar developer Wirsol Energy, an arm of Wircon Group, has partnered Australian developer Renew Estate to develop a pipeline of more than 1GW solar PV capacity that is storage-ready.
At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, according to the head of the India Energy Storage Alliance (IESA).
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
With the rise of solar-plus-storage applications round the world, Frank Qiao, sales director at Growatt New Energy, talks to PV Tech about some of the key inverter trends and new products.
Major utility E.On has powered up a new energy trading division in several European markets which it says will leverage the company’s renewable generation.
