Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has secured a JPY5.3 billion (US$47.8 million) syndicated loan agreement for up to two years with a bank consortium led by Sumitomo Mitsui Banking Corporation (SMBC) to expand its business in Japan.
Tata completes 100MW of solar projects in Andhra Pradesh, Ecoppia providing cleaning robots for 580MW of SB Energy PV projects in Rajasthan, NTPC tenders 1MW floater in Gujarat.
Sharp Energy Solutions Corporation (SESJ), a subsidiary of Japan’s Sharp Corporation, has completed a 1.6MW solar project inside Jakabaring Sports City, a sports complex in Palembang, South Sumatra, Indonesia.
Struggling major China-based PV manufacturer Yingli Green Energy has said that it would not appeal a notification from the New York Stock Exchange (NYSE) on June 28, 2018 to de-list the company, due to non-compliance.
A group of companies have signed memorandum of understanding that will see Hanwha Q CELLS Korea supply its solar modules across gas stations in South Korea.