REI exhibition: India will surpass 175 GW renewable target, says MNRE
Secretary of the Ministry for New and Renewable Energy Anand Kumar believes the country can confound doubts about its bold solar ambitions and smash its 175 GW of renewables by 2022 target.
India heading to 20 GW of installed capacity by the end of this financial year
In the last four quarters in India 7.5 GW were installed. The total accumulative capacity reached 16.2 Gigawatt, reports Bridge to India. After rapid growth in the last quarters the market will probably slow down somwhat.
Eurus enters Chilean PV with 18 MW acquisition
Japan’s Eurus Energy has entered the Chilean solar market by purchasing 18 MW (AC) of operational PV capacity in the South American country from Spanish renewables developer Grenergy Renovables.
Scientists create waterproof, wearable photovoltaics
Coated on both sides with an elastomer that ensures stretchability and stability in water, the new textile-compatible photovoltaics are able to maintain high efficiency of 7.9%.
Banpu invests $55.6 million in Sunseap
Banpu, Thailand’s biggest coal miner, has invested S$75 million ($55.6 million) in Singapore-based PV group Sunseap.
Azure Power wins 50 MW in India’s largest rooftop PV allocation
Azure Roof Power, a subsidiary of Azure Power, will install solar panels on Indian government buildings across 10 states, after winning the right to build 50 MW of PV capacity in an auction held by Solar Energy Corporation of India (SECI).
LongiTech to raise $36.5 million in share placement
LongiTech Smart Energy aims to generate aggregate net proceeds of HK$285 million ($36.46 million) via a new share placement in Hong Kong.
Renova to build 21.6 MW in central Japan
Japanese renewables developer Renova has wrapped up financing for a 21.6 MW solar array it plans to construct in Mie prefecture, near the Japanese city of Nagoya.
Moser Baer Solar asks Indian central bank to postpone loan repayment
Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
Vietnam to launch PV auctions with World Bank
The Vietnamese authorities, in cooperation with the World Bank, have revealed plans to launch a pilot auction program for solar projects, according to a local media report.
