Solar prices in India could be substantially lower than coal by 2020, helping the technology become a major part of the country’s energy mix, according to a report by international consultancy firm KPMG.
PV furnace equipment specialist Tempress Systems a subsidiary of Amtech Systems has said it has won an order from a new customer in Taiwan, a repeat order from an existing Taiwanese customer and installed approximately 800MW of its next-generation diffusion systems at a leading Chinese solar cell and module manufacturer.
A senior executive at Chinese manufacturer and project developer ET Solar has said hopes remain high for a negotiated settlement to the ongoing trade dispute between the US and China despite the lack of progress on the issue during a recent meeting between the two countries’ presidents.
The European Commission has rejected a request by EU ProSun to replace the pricing benchmark used to determine the minimum import price applied to Chinese solar products sold in the EU.
A project developer has bid for solar capacity in the Indian state of Andhra Pradesh for a game-changing INR 4.79/kWh (US$0.073), which takes solar to grid parity with other major sources of power generation in India, sources have confirmed to PV Tech.
A heterojunction c-Si solar cell with a conversion efficiency of 25.1% has been showcased by its maker at an event hosted by the Japanese government to exhibit technological innovations in “new energy”.
India-based project developer ACME Solar Holdings has won the highest capacity of projects in yesterday’s solar auction in Uttarakhand with four projects totalling 50MW combined out of the 171MW awarded.
All the winning bids in the latest 170MW Indian state solar auction in Uttarakhand have remained below the INR6/kWh (US$0.09) tariff, despite several bankers commenting on previous auctions that only prices of INR6-6.5 per unit would be workable given India’s market conditions.
India’s energy ministry has amended its invitation for state-owned corporations (CPSUs) to set up 1GW of solar PV plants across India, by bringing forward its funding timelines.
The largest polysilicon producer GCL-Poly Energy Holdings has secured approximately US$110 million from a new corporate bond from qualified investors in China.
