India’s first major utility-scale tender for solar PV combined with energy storage in the state of Andhra Pradesh has been put on hold due to the cap on tariffs being too low.
India-based energy firm Azure Power Global has launched its IPO on the New York Stock Exchange offering 6.82 million equity shares priced between US$21 to US$23 per share.
The solar centric political campaigning group EU ProSun, established by integrated PV module manufacturer, SolarWorld, has condemned China and Chinese module manufacturers for causing SolarWorld to make 500 ‘temporary’ workers at its manufacturing plants in Germany, redundant.
The Indian state of Andhra Pradesh has set its Renewable Purchase Obligation (RPO) at 12.75%, more than 50% higher than the targets set by the Central Government.
Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.
The US has once again come out on top after the World Trade Organisation (WTO) rejected a challenge by India in favour of its domestic content requirements (DCR).
Germany-based PV firm IBC solar has signed an EPC contract with Indian conglomerate LN Bangur Group for a 22.5MW solar PV system in near Phalodi in Rajasthan, India.
