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Anti-dumping duty slapped on Malaysian solar glass

The Indian government has imposed anti-dumping duty of $114.58/metric ton on tempered solar glass imports originating in or exported from Malaysia. The five-year duty will be applied to products from producers except Xinyi Solar Sdn. Bhd.


Electric vehicles off to a good start in 2019

Following Tamil Nadu’s plans to purchase 2000 electric buses, Karnataka aims to convert half the government vehicles in Bengaluru to electric by 2019 end. Further, Delhi has allocated Rs 100 crore to electric vehicles in its budget for 2019-20.


Waaree Energies eyes 100 MW rooftop solar in 2019-20

The Mumbai-based solar PV panel manufacturer and EPC contractor aims to commission 100 MW rooftop projects in the financial year 2019-20, generating a revenue of Rs 400 crore from this segment alone.

1.2 GW solar auction sees slight rise in tariffs

As against the all-time low of Rs 2.44 per unit recorded in July last year, the latest SECI auction saw the lowest winning tariff of Rs 2.55 per unit offered by ReNew Power. Other winners included Azure Power, Eden Renewable and SoftBank-backed SB Energy.

Field-installable solar panel coating gets funding boost

US-based Pellucere Technologies, Inc. has secured funding to commercialize its MoreSun coating that increases solar module energy output by more than 4%.


Concessional finance can make solar and batteries cost-competitive faster: BNEF

The higher the cost of a technology, the greater the potential impact concessional finance can make. For a lithium-ion battery project, reducing capital costs by even one percentage point can reduce energy generation costs by $10/MWh.

Solar EVA sheets attract AD duty for five years

Following a petition by domestic manufacturers seeking legal protection under anti-dumping laws, the Directorate General of Trade Remedies has recommended the imposition of duties ranging from $537-1,559/metric ton on solar ethylene vinyl acetate sheets imported from China, Malaysia, Saudi Arabia and Thailand.

ReNew Power secures fresh $350 million from US investor

The Gurugram-based independent power producer has secured fresh debt financing of up to US$ 350 million from the US government-owned Overseas Private Investment Corporation (OPIC). This follows an earlier round of financing in March 2016 when OPIC had granted a loan of US$ 250 million to ReNew Power.


Gujarat to set up 100 MW solar PV project atop Narmada canal

The state-owned Sardar Sarovar Narmada Nigam will set up the 100 MW solar project atop branch canals of river Narmada at an estimated cost of Rs 100 crore. Four locations in central Gujarat have already been identified for the project.

Greenko raises fresh $550 million from Singapore and Abu Dhabi investors

This is the third round of Greenko investment by Singapore’s sovereign wealth fund GIC Holdings and Abu Dhabi Investment Authority (ADIA), taking their total in the Indian renewable energy firm to $2 billion.

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