Deal to supply PV power at tariffs of around US$38/MWh for 25 years will see firm deploy colossal fleet by 2025, together with 2GW worth of solar factories by 2022.
Country's largest PV auction to date targets smaller projects and locally-owned developers to ensure procurement drives ‘immediate’ boost to post-COVID economy.
Projects can stay money-making for cost-savvy developers and investors but tariffs below INR 2.5/kWh (3.47 US dollar cents per kWh) are ‘unviable’, say IEEFA experts.
Module manufacturer Seraphim has landed a 183MW module supply deal with Philippine EPC ERS Energy.
Government asks states to set aside land for new factories in busy week for Indian renewables, featuring the results of 2GW solar auction and the granting of new deadline extensions.
Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
The sourcing of PV cells and modules from authorised providers was due to become mandatory for certain projects in April but the country is granting a six-month extension to help with COVID-19.
This month’s episode of the Solar Media Podcast is now available to listen to, featuring stories of how the clean energy economy is responding to the COVID-19 crisis and analysis of how it might change the industry.
Asia, US, Australia, Spain are among the highlights of year for which IRENA found 98GW of new solar installs, an estimate below the 110-120GW range offered by different analyses.
‘Solar Module Super League’ (SMSL) member concludes facilities in Ohio and Malaysia are exempt so far from government restrictions, while Vietnam factory remains 'not affected'.
Government orders state, local and police reps to ensure staff are allowed to work at offices and access installations, the latest green energy reprieve by a country facing steep 2022 targets.
Government approves previously floated plans to allow renewable developers to invoke ‘force majeure’ clauses to win more time as virus continues to disrupt PV supply chains.
Hybrid tender will mix PV, wind and others with thermal power plants to offset the impacts from intermittent renewable capacity coming online.
Leading SMSL member confirms milestones for shipments (14.3GW), gross profit (US$780.2m) and others in 2019, predicting COVID-19 will not “materially” hurt business
Masdar, EDP, Engie, Ib Vogt, JinkoSolar, Lightsource BP and Scatec Solar among dozens of firms submitting EOI for Sherabad project, the first of ADB-backed 1GW series.