Technology provider ABB has inaugurated a microgrid solution at its Vadodora manufacturing facility in Gujarat - said to be the first of its kind in India.
PV inverter supplier Sungrow will establish a new factory in Bangalore, India, with an annual production capacity of 3GW in central and string inverters - its first manufacturing facility outside China.
Sunsure commissions 20MW solar project in Karnataka, Power for all scheme comes to Meghalaya, Acciona launches the second round of accelerator for infrastructure and renewable energy startups.
India’s Ministry of New and Renewable Energy (MNRE) has reminded implementing agencies of rooftop solar projects under the capital subsidy scheme that they must go through a transparent bidding process to discover tariffs or the project will no longer be eligible for subsidies.
The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
UK investor Downing, working with its investment partner Armstrong Energy Global, has developed and constructed 20MW of ‘open access’ solar projects in the South Indian states of Telangana and Andhra Pradesh.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
