Solar tracker manufacturer NEXTracker has cooled reports that it is establishing a production hub in India, after reports by the country’s state news agency.
Major PV inverter manufacturer SMA Solar Technology has claimed to have shipped over 1GW of inverters to India in 2016, holding a 26% market share, based on its figures that the market size in the country reached 3.9GW.
Plenty of naysayers have warned about unrealistic bidding and various delays damaging the Indian solar sector, but the head of ACME Solar, one of the largest developers India, approaching 1GW of installed capacity, has a very positive outlook on the industry's future. PV Tech caught up Manoj Kumar Upadhyay, the founder, chairman and managing director of ACME Group at the company offices in Gurgaon, New Delhi, to discuss delayed PPAs, transmission infrastructure, the approaching Goods and Services Tax (GST) Bill and a unique point of view on India's Ultra Mega solar power parks.
India’s first grid-scale solar-plus-storage tender from Solar Energy Corporation of India (SECI) has received very strong interest with a total of 13 developers submitting bids.
Global grid-connected solar PV additions reached 75GW in 2016, a 50% year-on-year growth from 50GW in 2015, according to the PV Market Alliance (PVMA).
Indian infrastructure development firm SPML Infra has secured a INR220 million (US$3.24 million) order from Solar Energy Corporation of India (SECI) for EPC of rooftop solar installations in four Indian states, according to a Bombay Stock Exchange filing.
Unique tender structuring and a 28% module price drop will bring tariffs in the upcoming 750MW solar auction in Madhya Pradesh to extreme lows, according to the latest update from Bridge to India.
Subsidies for Indian cell and module manufacturers are being hampered by delays, as shown by data from the Department for Electronics and Information Technology.
