India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
The impact of solar resource variability on several key global PV markets including India, Australia and North America has been revealed by a ten-year analysis from solar irradiance consultancy Solargis that illustrates “significant deviations from long-term averages”.
A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.
Tata Power Solar has commissioned a 160MW solar project in the north-western Indian state of Rajasthan as it continues its PV roll-out across the country.
Tata Power subsidiary Tata Power Renewables Energy (TPREL) has commissioned a 300MW solar project in Gujarat, India which it claimed was India’s largest single-axis solar tracker system.
Indian renewables company ReNew Power, oil refiner IndianOil and engineering company Larsen & Toubro (L&T) have formed a joint venture (JV) to develop green hydrogen projects in India, with the latter two forming a separate JV dedicated to manufacturing electrolysers in India.
Solar wafer producer NexWafe is planning to follow up on its new collaboration with Indian conglomerate Reliance Industries by licensing its technology to strategic partners globally.
Vikram Solar has filed draft papers for its initial public offering (IPO) as it looks to raise funds for a 2GW integrated cell and module manufacturing plant in India.
Steel manufacturer ArcelorMittal has partnered with Indian renewable company Greenko Group to develop a 975MW 'round the clock' wind and solar project in India.
India’s expanded production-linked incentive (PLI) scheme for solar manufacturing could be altered to encourage more domestic PV players to participate.
