PV Tech’s Carrie Xiao meets with inverter giant Sungrow to find out how the firm is ramping up its moves overseas, discussing international bases, R&D and targeting the right markets.
Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
One of the world's largest employers set to progress with renewable ambitions by installing 500MW on rooftops, another 500MW on land and adding 200MW of wind by 2021-22.
Market research firm, IHS Markit expects global solar installations to continue double-digit growth rates in 2020, forecasting new installs to hit 142GW, a 14% increase over 2019.
SECI approves scheme that will see annual PV batches of 500MW deployed potentially anywhere in India every year until 2025, with supply underpinned by PPA with US$0.041/kWh tariff.