The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
Rooftop solar specialist Asia Clean Capital (ACC) has signed a power supply agreement with steel and iron industry firm Wisco Jiangbei Group for a 14MW solar rooftop plant in China.
China has released its latest five-year plan for the solar industry with a focus on tackling curtailment, improving project quality and further reducing its feed-in tariff.
‘Silicon Module Super League’ (SMSL) member Trina Solar has set a new world record of 22.61% efficiency for a p-type mono-crystalline cell, with Passivated Emitter and Rear Cell (PERC) technology at its State Key Laboratory of PV Science and Technology of China.
Tariffs for utility-scale solar power in India are expected to go below the four rupee (US$0.059) mark next year, which would be a “radical moment” for India’s entire power sector, according to consultancy firm Bridge to India.
Trina Solar’s shareholders have voted by a huge majority to back the company’s plan to pursue privatisation and de-listing from the New York Stock Exchange.
The top 10 states in India have accounted for 90% of the country's solar pipeline and installations, according to a report from Mercom Capital Group. India has installed over 9GW of large-scale solar capacity and boasts a PV pipeline of 14GW as of December 2016, the consultancy said.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
