China’s solar exports have continued to grow as demand from global consumers and developers increased, while its dominance in PV manufacturing will likely continue, according to Wood Mackenzie’s recent study.
Indian renewable company Adani Green Energy Limited (AGEL) posted an improved EBITDA from power supply in the last financial year, while its operational capacity increased by 49% year-on-year, according to its latest financial results.
Allegations of fraud at Indian conglomerate Adani Group, which have knocked around US$125 billion off its market value since January, are unlikely to cause any perceptible damage to India’s long-term solar growth, according to two prominent members of the industry.
Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.
Solar capacity will remain a key focus of the Indian government’s spending this year, but some existing challenges for the industry could still hamper growth, according to experts.
The German Solar Industry Association (BSW) has signed an agreement with the Indian Skill Council for Green Jobs (SCGJ) to integrate skilled workers from India into the German PV industry.
German research body Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has signed a letter of intent (LoI) with the Indian Department of Science and Technology (DST) to pursue developments in green hydrogen technology in the country.