Solar prices in Germany’s latest auction rose for the first time since the country started solar-based tenders in 2015, according to results released by Germany’s Federal Network Agency.
With one month to go before the Solar and Off-Grid Renewables Southeast Asia conference in Bangkok, PV Tech caught up with Franck Constant, president of renewables and storage investment platform Constant Energy, to discuss the current state of solar in the largest Southeast Asian markets.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
PV prices have plummeted in recent years but predicting the exact costs in the future seems like an impossible task. KT Tan of Viridian Solar presents one equation that would appear to be able to do just that.
At least 13.7GW of planned coal-fired power plants have been cancelled in India this month, while solar prices have tumbled to new lows, showing that India’s energy transformation is in full swing, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
High-efficiency module manufacturer Ten K Solar, has announced that it will be “discontinuing” its current operation – but has claimed it is not because of any product performance issues, contrary to media reports.
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.
India will add 9,812MW of solar PV this year, according to the latest quarterly market update from Mercom Capital Group, which is significantly up from the 9,020MW that the consultancy previously forecast in January this year.
The price of Chinese module imports to India has dropped 8% over the last quarter and 29% year-on-year, according to new price indices calculated by consultancy firm Bridge to India.
India is expected to double its installed solar PV capacity from 10GW to 20GW within 15 months, according to energy and mines minister Piyush Goyal, who is also encouraging manufacturers to locate in India.
