Major PV inverter manufacturer Sungrow Power Supply Co is expecting the global floating solar (FPV) market to experience explosive growth in the next two to three years, in which it is targeting becoming the leading supplier of floating solar systems.
UPDATED: Solar Energy Corporation of India (SECI) has issued a request for bids (RfB) for a 160MW hybrid solar and wind project combined with battery energy storage in the state of Andhra Pradesh.
The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.
India’s Ministry of New and Renewable Energy (MNRE) has issued an amendment to its National Wind-Solar Hybrid Policy, clarifying that any form of energy storage, not just batteries, can be used in hybrid projects.
PV developer and manufacturer Solar Philippines plans to enter the Indian solar market, but then use that experience to become even more competitive in Southeast Asia.
Swedish retail giant IKEA will open the doors to its first store in India on Thursday and it is in the commissioning phase of an 800kWp rooftop solar plant to go with it.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
