Imports of solar modules in India decreased by 64% in Q3 2022 compared with the prior quarter whilst cell imports increased by the same amount, according to consultancy JMK Research.
Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.
PV Tech Premium caught up with Gyanesh Chaudhary, vice-chairman and managing director at Indian PV module manufacturer Vikram Solar, which has a 2.5GW annual production capacity, to discuss the thinking behind the ALMM and PLI schemes and whether ingot and wafer production is realistic in India.
An energy consultant updates PV Tech Premium on how the south Indian state, driven by supportive policy changes, is now swiftly installing rooftop solar and EV infrastructure while concentrating on large-scale floating solar to side-step land scarcity.
A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian independent power producer Vector Green Energy.
Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
Corporate power purchase agreements (PPAs) have hit record levels in the Asia Pacific region as fuel prices rise and the cost of renewables falls, according to Wood Mackenzie principal analyst, Kyeongho Lee.
The world installed around 174GW of solar PV in 2021, a 20% jump on the previous year, and is expected to deploy 260GW this year, barring any major disruptions to international trade.
