The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.
India’s Ministry of New and Renewable Energy (MNRE) has issued an amendment to its National Wind-Solar Hybrid Policy, clarifying that any form of energy storage, not just batteries, can be used in hybrid projects.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported higher than guided second quarter PV module shipments and reiterated total shipments guidance to be in the range of 11.5GW to 12GW in 2018.
PV developer and manufacturer Solar Philippines plans to enter the Indian solar market, but then use that experience to become even more competitive in Southeast Asia.
China-based PV module manufacturer Jiangsu Seraphim Solar System Co said it was in trial production of a new fully-automated 300MW Joint Venture (JV) solar module assembly plant in Eastern Cape, South Africa.
Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Major PV inverter manufacturer Sungrow Power Supply Co said that a 1.9MW floating solar (FPV) plant in southern Taiwan had experienced extreme environmental conditions through a dry season and then typhoon season that caused some unique issues but survived relatively unscathed.