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 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.
India steel giant ArcelorMittal has sought the Karnataka state government’s permission to build a 600MW solar plant on a site that was meant for a six million tonnes per annum steel mill, according to its latest annual report.
All eyes are on India after the historic solar bids seen in Madhya Pradesh earlier this month, but headline prices won’t solve the more entrenched problems of the sector. PV Tech caught up with Ashish Khanna, executive director and CEO, Tata Power Solar, at the firm’s Noida offices near New Delhi to garner a rational viewpoint from one of the world's pioneering solar manufacturers and India's top solar rooftop EPC player.
A Canadian government entity has signed a memorandum of understanding (MoU) with the government of Pakistani province Khyber Pakhtunkhwa (KP) to cooperate on up to 1GW of solar energy projects in the region.