Solar now accounting for almost 1% of India’s total electricity generation
A standout year for solar installation in India has seen solar PV increase its share of total electricity generated in the country and its share of the renewable energy generated in the country, which now stands at 13%, with this expected to dramatically rise again in 2017.
GCL invests in 600 MW of cell capacity in Vietnam
The Chinese PV maker has joined its fellow manufacturers in expanding to Southeast Asia though a partnership with a Vietnamese cell maker.
Azure Power connects 150 MW of solar in India’s Punjab state
Project comprises three 50 MW solar plants commissioned with an average weighted tariff of US 8.5 cents/kWh.
ReneSola to develop 335 MW of solar rooftop systems in China
Fully-integrated solar developer ReneSolar has signed a framework agreement with emerging PV player Beijing Enterprises Clean Energy Group to act as EPC for 335 MW of solar rooftop projects in China, which are due to be completed in just six months.
Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
Comtec Solar and Longi agree to asset purchase
Chinese monocrystalline silicon firm Longi has agreed to purchase the assets of Comtec Malaysia, a subsidiary of Comtec Solar Systems Group, for a fee of RMB 200 million (USD 28.74 million), which adds to the company’s expansion across Malaysia after announcing a new manufacturing facility in the country in 2016.
SECI announces winners of 500 MW rooftop auction in India
The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.
India to install more than 9 GW of solar in 2017, forecasts Mercom Capital
Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.
India tendered 1.7 GW of solar in December, finds Mercom Capital
Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.
ACC, SUMEC to build 100 MW of rooftop solar in China
The two China-based companies have signed a cooperation agreement to bring 100 MW of solar to rooftops across the Chinese mainland.
