India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).
India-based solar EPC firm Sterling & Wilson (S&W) has been awarded EPC and O&M contracts for 350MW of solar projects in India by Canada-based developer SkyPower.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar said it had achieved a new world record for a large-area Interdigitated Back Contact (IBC) solar cell.
According to Taiwan-based market research firm, EnergyTrend polysilicon spot market prices in China have surpassed US$20/kg and are expected to climb higher in the next month.
Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India.
Major US-based polysilicon producer Hemlock Semiconductor has filed suit against ‘Silicon Module Super League’ (SMSL) member, JA Solar for breaching a long-term polysilicon supply agreement.
Difficulties in financing Indian solar projects with extremely low tariffs and the wobbling of major solar player SunEdison will not impact the long-term prospects of India’s PV market, according to two senior banking and finance representatives.
Chinese integrated PV manufacturers Renesola and Jinko Solar have announced module supply deals of 81.5MW and 49MW respectively for projects in their domestic territory.
The New Development Bank (NDB), a China-led multilateral development bank formed by the BRICS nations, has sanctioned a US$250 million loan for a renewable energy scheme in India, according to a senior government figure.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has been advised to step up its activities in solar energy by minister of heavy industries and public enterprises Anant Geete.
