The Indian state of Jammu and Kashmir has approved a draft policy to deliver 450MW of rooftop PV plants by 2022, according to consultancy firm Mercom Capital Group.
Last week saw solar prices in India blast the Asian giant’s energy sector into a new era, but what happened to all the fears about project viability and unrealistic bidding? PV Tech caught up with financiers and analysts to discuss a new financial environment.
Plenty of uncertainty surrounds the potential effects of India’s forthcoming Goods and Services Tax (GST) Bill, but the cost of solar could go up by as much as INR4.5 million/MW (US$67,000), according to a new study from the Council on Energy, Environment and Water (CEEW).
Japan’s Jera Co, a joint venture between Tokyo Electric Power Group (TEPCO) and the Chubu Electric Power Group, has acquired a 10% stake in Indian renewables firm ReNew Power Ventures Private Limited.
Jasmeet Khurana, associate director, consulting, Bridge to India, shares his views on what the record breaking tariffs for 750MW solar in Madhya Pradesh mean for India's entire power sector.
After 33 hours of bidding, Mahindra Renewables, Acme Solar and Solenergi Power have emerged triumphant in the 750MW solar auction in Madhya Pradesh, with the lowest price smashing records at just INR2.97/kWh (US$0.044) in year one before an annual escalation kicks in.
This week's Movers & Shakers segment features a company rebrand, a global expansion for India's Adani and good news for US solar, which has experienced 25% jobs growth year-on-year.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
PV manufacturing equipment specialist M10 Industries said its new ‘Kubus MTS 5000’ stringer tool has been installed and commissioned at Emmvee's Bangalore module assembly plant, providing a 340MW increase in capacity at its existing facility.
