India

India has released new draft guidelines for the bidding process under its Wind-Solar Hybrid Policy, which includes e-reverse auctions and allows for the addition of energy storage capacity.

Expert warnings that India will be falling short of its renewable deployment targets have sparked a strong-worded rebuke from the government, which has slammed them as “ill-founded”

A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.

This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. a report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.

Shell has acquired a 20-percent stake in Indian company Orb Energy, provider of corporate loans to businesses that want to invest in solar power installations.

The plant—commissioned for Damodar Valley Corporation—will power six buildings at the headquarters of Ramakrishna Math and Ramakrishna Mission.

India has now chosen a developer for one of the largest floating PV projects ever seen in the country, with plans to take the plant to the finish line within two years.

Hanwha Q CELLS has celebrated the grand opening of what it bills as the “largest” solar panel factory in the western hemisphere, a US$200 million facility in Dalton, Georgia, meant to supply 1.7GW to the US market every year.

While some of the industry insiders at REI 2019 have made predictable calls to scrap restrictions imposed by regulators, others have continued to maintain that policy support is crucial, while audience members voiced concerns about India’s lack of recycling rules.

India’s state utility plotting 5GW solar plant, according to reports

The state-run Solar Energy Corporation of India (SECI) has revealed the results of two major utility-scale auctions held in June that saw six companies win 1.85GW of capacity.

With India’s power minister hinting that a new renewable energy tariff policy could be in the works, the federal agency responsible for solar has started boasting about the volume of clean power it has in the pipeline.

Indian module manufacturers are gearing up for an end-of-year surge in solar project procurement and hoping their investments in incorporating global manufacturing benchmarks will translate into enhanced sales.

Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.

The Rajasthan Renewable Energy Corporation (RRECL) has issued a competitive tender for 113.5MW of small grid-connected solar projects in the desert state.