Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
The Solar Energy Corporation of India (SECI) has invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system in the state of Chhattisgarh.
Solarpack increased its H1 operating revenues nearly three-fold (191%) year-on-year to €78.84 million (US$93.64 million), thanks in part to the commissioning of PV projects in Spain, Chile and India.
NTPC, India’s largest power company, is aiming to add more than 5GW of new solar capacity in the next two years as it builds its renewables presence overseas thanks to a collaboration with the International Solar Alliance (ISA).
Indian PV manufacturer Waaree Energies is eyeing a major push in the US market after receiving an order for more than 300MW of mono PERC modules in the country.
Despite an uptick in activity in June, India added just 351MW of solar generation capacity in Q2 2020, down 64% on the previous quarter, as the industry was hit by COVID-related constraints.
India should put in place immediately a basic customs duty (BCD) of at least 50% on solar equipment to safeguard the future of local manufacturers, the chairman of trade body All India Solar Industries Association (AISIA) said.
