India may be falling short of its aspirational renewable energy targets, but strong installation progress and rates of growth, particularly in solar, are buoying the sector.
Bangladesh plans to double fossil fuel generation capacity to 24GW by 2021, but the dangers of dependence on conventional energy generation can be avoided through energy imports and solar, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA).
‘Silicon Module Super League’ (SMSL) member Trina Solar has significantly missed its third quarter 2016 PV module shipment guidance range that makes meeting previous full-year shipment projections almost unattainable.
Indian conglomerate Adani is considering setting up large-scale solar PV projects in Bangladesh as the firm’s renewable energy vision continues to expand outside of India.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
Many Indian solar PV projects are performing poorly because intense pressure to reduce costs is leading to developers and contractors selecting poor quality components with sub-optimal designs, according to consultancy firm Bridge to India.
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
Adani Group, currently the largest solar developer in India, plans to start constructing two solar PV plants with 100-200MW capacities in Australia next year, according to a Bombay Stock Exchange filing.
