India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).
India-based solar EPC firm Sterling & Wilson (S&W) has been awarded EPC and O&M contracts for 350MW of solar projects in India by Canada-based developer SkyPower.
Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India.
India has officially appealed against the World Trade Organisation’s (WTO) ruling that upheld the US' finding that India’s Domestic Content Requirement (DCR) was discriminatory and in breach of international trade rules.
Difficulties in financing Indian solar projects with extremely low tariffs and the wobbling of major solar player SunEdison will not impact the long-term prospects of India’s PV market, according to two senior banking and finance representatives.
The US Trade Representative has spoken out about the next steps for the US in light of India preparing to file additional cases against the US over violation of World Trade Organisation (WTO) norms.
The New Development Bank (NDB), a China-led multilateral development bank formed by the BRICS nations, has sanctioned a US$250 million loan for a renewable energy scheme in India, according to a senior government figure.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has been advised to step up its activities in solar energy by minister of heavy industries and public enterprises Anant Geete.
Domestic developers triumphed in Karnataka’s 500MW solar auction, maintaining the market’s fiercely competitive tariff levels with winning bids between INR4.78-4.8/kWh (US$0.072) for capacity in the Pavagada Solar Park in Tumkur District.
