Starting with a 250MW first phase factory by July next year, the director of Pakistan-based conglomerate ACT Group has said it should be able to sell PV modules to the customer's doorstep at equal to or cheaper than Chinese import prices.
Rooftop PV is the fastest growing renewable energy sub-segment in India, with individual system sizes increasing and the C&I sector maturing, but a new report by Bloomberg New Energy Finance (BNEF) predicts that India will still only reach 9.5GW out of its 40GW target by 2022.
Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
Five years into the DOE’s decade-long SunShot Initiative, the solar industry is 70% of the way to achieving the goal of driving down solar electricity costs to US$0.06/kWh. Today, at the halfway mark to the target date, DOE has taken stock of the progress made, assessing what has been learnt and the barriers and opportunities yet to be faced.
US PV developer 8minutenergy Renewables has started construction of its Springbok 2 solar farm in California with a tariff below that of most fossil fuel-based generation. 8minutenergy president Tom Buttgenbach discusses the develop process to date.
In common with every other PV market in the world as it matures, attaining grid parity for the technology is the ultimate goal for Japan. As an electricity market in general, meeting electrical supply with demand will of course become ever-more important.
Japan's government has given its clearest indication to date of planned rule changes around renewable energy policy, including official confirmation that a tender process is being put before its parliament for the 2017 financial year.
Solar has become the cheapest source of energy in Chile, according to results from the country's latest power tender in October, but issues remain with transmission lines, according to a Deutsche Bank report.