A 500MW solar auction in the Indian state of Gujarat, held by Gujarat Urja Vikas Nigam Ltd. (GUNVL) has seen a winning low bid of INR2.65/kWh (US$0.041), despite several uncertainties for the wider Indian solar sector.
The rooftop solar arm of Indian PV developer Azure Power has won 50MW of rooftop projects for government buildings in an auction conducted by Solar Energy Corporation of India (SECI).
Indian rooftop solar specialist CleanMax Solar and technology engineering institute IIT (BHU), Varanasi, have commissioned a 1.5MW rooftop PV project across multiple building rooftops the IIT campus in Uttar Pradesh.
India will hold its second RE-INVEST event on 7-9 December 2017 to take stock of its renewable energy progress in the last three years and show off the progress of the International Solar Alliance (ISA) that it brought to the world stage at COP21.
While India will hit 20GW of installed solar PV capacity this year, its annual deployment is expected to slow down to 5GW, according to consultancy firm Bridge to India, which released its latest ‘India Solar Map 2017’ today.
Once upon a time, it was relatively easy to verify a PV module manufacturer’s shipment claims and therefore any market share gains or shipment milestone claims as the majority of leading companies were public listed entities.
Acme Cleantech Solutions has 410MW of solar PV project completions in the Indian state of Telangana, but is facing a transmission issue for another 80MW, according to the company’s head.
Mitsui & Co., a major Japanese industrial conglomerate, has formed a Joint Venture (JV) with leading India mini-grid developer OMC Power to expand their mini-grid business into Africa. The new JV is part of a ¥1 billion (US$9 million) equity investment by Mitsui in OMC Power.
Goldman Sachs-backed clean energy firm ReNew Power Ventures has launched a new renewable energy R&D centre at the Indian Institute of Technology (IIT), Delhi, India.
