OSLO: The Norwegian and Swedish energy ministers on Friday signed off on an amendment to their joint green power support scheme, which effectively closes down the system at the end of 2035, 10 years earlier than planned. The amendment formalises an earlier end date from the Swedish side, aligning it with its Read more…
Three southern states — Tamil Nadu, Andhra Pradesh and Telangana — that have strong renewable energy capacity account for about 71 per cent of outstanding dues from power distribution companies (discoms) to renewable energy producers. The country-wide overdue of conventional generators amounted to ₹1,065 billion in July 2020, whereas ₹103 billion Read more…
At the end of 2019, global PV installations reached 627 GWDC, an annual increase of 115 GWDC from 2018. – In 2019, the leading markets in terms of annual deployment were China (30 GWDC), the United States (13 GWDC), and India (10 GWDC). • Before the spread of COVID-19, analysts Read more…
India installed 9.9 GW of PV in 2019, a decline of 8% y/y and 23% from its peak in 2017. – Large-scale projects accounted for 85% of 2019 installs and 88% of cumulative PV installations. – Mercom attributes the difficulties in the largescale PV market to come from: contracting and Read more…
In 2019, global PV shipments were approximately 123 GW—an increase of 39% from 2018. • In 2019, 62% of PV shipments were mono c-Si technology—a level not seen since the early 1980s. • In 2019, revenue from PV deployment was more than 10X revenue from PV manufacturing. • Despite tariffs, Read more…
From 2010 to 2019, shipments from the top 10 PV manufacturers grew from 11 GW to 78 GW, with some companies shipping more than 10 GW annually. • Only four of the leading companies in 2010 remain in the top 10 in 2019, and all in the bottom half. • Read more…
Global module and module-component prices continued their price declines in the first five months of 2020, with BNEF reporting mono c-Si modules down 8% to 0.21/W, multi c-Si modules down 11% to $0.19/W, cells down 24% to $0.10/W, and polysilicon down 18% to $6.5/kg. • PVInsights reported average module prices Read more…
New Delhi: Worksport has announced the global launch of a tonneau cover that generates electricity with solar energy to electrify conventional trucks and soon provide a meaningful charge for forthcoming electric pickups and other light trucks. The add-on solar accessory named TerraVis is a highly advanced fusion of solar engineering, technology, and design for light-duty pickup trucks, Read more…
New Delhi: Prime Minister Narendra Modi today called for concessional financing and less-risky funds for solar projects to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions. Speaking at the founding conference of the International Solar Alliance (ISA), he said India will generate Read more…
Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants in the Indian state of Gujarat ranging in size from 10 MW to 55 MW across three substations operated by Gujarat Energy Transmission Corporation Limited (GETCO). The project sites Read more…