Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
A database of projects involving integration of renewable energy into the grid has been launched by Energy Networks Australia (ENA) and the Australian Renewable Energy Agency (ARENA) to help collaboration between the renewables industry and grid operators in Australia.
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.