Source confirms reports claiming Actis is to take over large-scale portfolio, boosting market footprint for investor already targeting Indian solar through dedicated unit.
Taiwan has extended PV power project completion dates on component shortages caused by the coronavirus (COVID-19) outbreak in China, while India is expected to advise policy changes soon.
Exports of solar products from China in January 2020 were around 35% lower than in the prior year period, according to an accumulation of official export data, recently released.
With developers facing months of delivery delays for Chinese solar parts, India has said it will consider extending deadlines for PV projects scheduled to be switched on this summer, relieving developers from costly fines.
Exemption on customs duty for cells and modules in India widely expected to be lifted later in the year but there are still legal barriers to overcome, says Bridge to India.
Coronavirus-driven manufacturing delays and supply chain constraints in China are starting to impact both upstream PV manufacturers and downstream installers across other countries.
