The price of Chinese module imports to India has dropped 8% over the last quarter and 29% year-on-year, according to new price indices calculated by consultancy firm Bridge to India.
Despite India tripling solar deployments to reach 10GW in less than three years, the country's ultimate target of 100GW by 2022 will be extremely difficult without better enforcement of the Renewable Purchase Obligation (RPO), according to Mercom Capital Group’s latest market intelligence report.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
The Philippines had 903MW of installed solar PV capacity under its Renewable Energy Law at the end of 2016, according to Department of Energy (DOE) figures.
Independent power producer Edra is planning to develop a new 50MW solar project in the Malaysian state of Kedah, according to the Malaysian state news agency.
Silicon Module Super League (SMSL) member JA Solar is continuing to expand manufacturing capacity in 2017 after guiding total shipments to be in the range of 6GW to 6.5GW, up from 5.2GW in 2016.
India has sanctioned the benchmark costs for grid-connected rooftop and small-scale solar PV plants for 2017/18, according to a Ministry of New and Renewable Energy (MNRE) release.
The route to decarbonisation in the energy sector will create benefits of US$10 trillion every year by 2050, while requiring only US$1.8 trillion to implement, according to a new joint report from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA).
India is expected to double its installed solar PV capacity from 10GW to 20GW within 15 months, according to energy and mines minister Piyush Goyal, who is also encouraging manufacturers to locate in India.
