NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.
This week's Movers & Shakers focuses on big career moves in Germany, India and the US. SMA Americas plans a major push into the US market, the International Solar Alliance welcomes a new interim director and India's Hartek Group takes on BHEL's Jeet Chhatwal to develop innovative automated systems and procedures for day-to-day activities which further improve productivity and bring more efficiency.
A consortium between Essel Infra, an arm of Indian conglomerate Essel group, and China’s GCL Poly Energy Holdings will start initial site development of a major solar PV manufacturing plant in the Indian state of Andhra Pradesh within two months.
Despite India tripling solar deployments to reach 10GW in less than three years, the country's ultimate target of 100GW by 2022 will be extremely difficult without better enforcement of the Renewable Purchase Obligation (RPO), according to Mercom Capital Group’s latest market intelligence report.
India’s current template for solar power procurement is up for review. Record low tariffs in Rewa have inspired this re-examination. Jasmeet Khurana, associate director, consulting, Bridge to India, looks at how different states and utilities are reacting to the new procurement landscape.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
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.
Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
Solar tracking manufacturer NEXTracker is expanding in India by manufacturing additional structural components for its solar trackers in country and taking on Indian steel tube producer APL Apollo Tubes as another supply partner.