Solar Energy Corporation of India Limited (SECI) is to introduce a payment security mechanism to support its Viability Gap Funding (VGF) for solar projects.
Around 75% of all India’s solar capacity additions in the last 12 months have been in southern states, according to the latest industry update from consultancy firm Bridge to India.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has retained both PV module shipment and revenue guidance for 2016, despite fears of overcapacity hitting both third party demand and ASP declines as it plans tight inventory control, curtail capacity expansions and use its downstream PV project development business as its overall buffer.
With India’s solar cell and module manufacturing capacity at about 1,200MW and 5,600MW respectively in April this year, Bridge to India's Jyoti Gulia looks at the plight of domestic manufacturers in the face of China's traditional dominance of the sector.
Masdar surpasses 50% of 16MW Mauritania solar project, BHEL bags EPC order for 30MW of PV plants in West Bengal, Trina partners Cirque du Soleil, Argentina expects US$4 billion solar investment in five years, Consumers Energy completes 1MW Michigan community solar plant.
California-based SunLink strikes deal with engineering firm Ganges Internationale to deploy 1.4GW of solar power in India, starting with tracker project northwest of Bangalore.
Indian renewable energy firm, Tata Power Solar, a subsidiary of Tata Power, has commissioned a 100MW solar project under local content requirements in Anantapur, Andhra Pradesh.
The Indian state of Madhya Pradesh plans to extend its guarantee to developers bidding for capacity in the 750MW Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers.
Renewable energy developer Mytrah Energy has awarded a contract to PV inverter manufacturer Sungrow to provide 150MW of central inverters for its projects in the Indian states of Telangana and Punjab.
