Global capital investment on renewables is expected to return to pre-pandemic levels in 2021, with solar PV set to account for the majority of clean energy capacity additions in the next five years, according to IHS Markit Energy Advisory Service.
Solar PV capital expenditure (capex) covering the midstream segments of the industry (c-Si ingot-to-module and thin-film) is now well into its second major upturn in spending, going into 2018, at a time when the industry is just about to move to a new phase in annual deployment levels of greater than 100GW.
There were no takers for roughly 55% of the capacity up for grabs in India’s 500MW government buildings rooftop tender, however the final installed capacities could still rise again.
Indian rooftop solar tariffs are expected to reach an all-time low under Solar Energy Corporation of India’s (SECI’s) latest 1GW rooftop tender, according to forecasts from consultancy firm Bridge to India.
Many Indian solar PV projects are performing poorly because intense pressure to reduce costs is leading to developers and contractors selecting poor quality components with sub-optimal designs, according to consultancy firm Bridge to India.
