Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
Solar tracking manufacturer NEXTracker is expanding in India by manufacturing additional structural components for its solar trackers in country and taking on Indian steel tube producer APL Apollo Tubes as another supply partner.
Integrated PV firm Tata Power Solar has doubled its module manufacturing capacity and raised its cell capacity by 65% at its plant in Bangalore, southern India.
Kolkata-based engineering firm McNally Bharat Engineering has received an order to perform EPC and O&M services for 500MW of grid-connected solar PV projects in the Indian state of Andhra Pradesh.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
Just when forecasts for India’s solar manufacturers in 2017 projected a dire outlook, energy minister Piyush Goyal has reportedly said in parliament that the previously touted incentives package for domestic firms will not be moving forward for the foreseeable future.
