After 33 hours of bidding, Mahindra Renewables, Acme Solar and Solenergi Power have emerged triumphant in the 750MW solar auction in Madhya Pradesh, with the lowest price smashing records at just INR2.97/kWh (US$0.044) in year one before an annual escalation kicks in.
Thin film perovskite solar cell developer Dyesol has had an application granted by the Australian government for a AUD$2.5 million (US$1.9 million) in funding for an 18 month project to develop a large-area on glass product prototype that would coincide with the company establishing pilot line production in Australia.
International PV developer Sonnedix, via its Japanese operator Nippon Solar Services (NSS), has partnered with solar investor firm GSSG Solar to develop 170MW of PV plants in Japan.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.
China-based polysilicon producer Daqo New Energy said it had started production at its Phase 3A facility, bringing an extra 6,000MT of polysilicon capacity online and an annual production run rate of 18,000MT.
Victoria’s parliament has passed new laws that make solar feed-in tariff (FiT) rates take into account the avoided social cost of carbon and avoided human health costs attributable to a reduction in air pollution.
PV manufacturing equipment specialist M10 Industries said its new ‘Kubus MTS 5000’ stringer tool has been installed and commissioned at Emmvee's Bangalore module assembly plant, providing a 340MW increase in capacity at its existing facility.