India’s solar sector is in a tricky place at the moment, with module price inflation, manufacturing incentives and geopolitical events causing disruption to the industry, pushing up average tariffs and lowering returns on solar investments. PV Tech Premium picks apart what is going on behind the scenes.
Maxeon Solar Technologies saw its gross loss widen in Q1 2022 despite outlook-beating revenue after the sale of excess polysilicon at a loss dragged on its performance.
Solar O&M solutions provider Ecoppia is navigating ongoing component shortages while expending its operations into new geographies and ramping up production of its latest PV panel cleaning robot.
Inverter manufacturer Gamesa Electric has signed a strategic cooperation agreement with Siemens AG to supply its central inverters for solar PV and battery energy storage system (BESS) projects.
India installed 3GW of solar capacity in the first quarter of the year, a 50% increase from Q1 2021, according to a new report from research firm Mercom India Research.
Solar EPC Sterling and Wilson believes an easing of PV module supply concerns, the rise of alternate supply chains and a gigawatt-scale green hydrogen market will drive both short- and medium-term growth for PV developers and EPCs.
Module price increases, higher raw material costs and logistical challenges will pull down the return on equity (ROE) for 25GW of India solar projects, with 5GW of those at high risk given when they submitted their bids.
Supply chain woes, spiralling energy prices and the COVID-19 pandemic have reversed the downward trend in average business interruption (BI) claims for renewables developers, with sector-wide average business downtime days up by 38% on 2016.
