Commercial & Industrial PV

Power regulator told to pass on changes in duties to consumers

A time-bound process would eliminate financial uncertainties for stakeholders – be it developers, lenders or the DISCOMs. It is a particularly big relief to solar PV power developers seeking pass-through for the impact of goods and services tax (GST) on project costs.

Funding the key obstacle to renewables in Asia

Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.

Uttar Pradesh, Haryana will lead open access solar by 2022

States such as Karnataka and Madhya Pradesh, which previously took the lead in terms of installed solar capacity, are likely to take a back seat on this issue, due to the rollback of incentives.

Almost 60 GW of new solar by 2023

A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.

Cumulative grid connected solar capacity reaches 22 GW

According to the latest figures from the MNRE, cumulative grid-connected ground-mounted solar PV capacity has reached 22 GW in India, with 1.3 GW connected between this April to July. Module prices, meanwhile, are said to have come down “considerably”.

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State-owned miner plans 300 MW of solar

The Singareni Collieries Company plans to pump more than Rs400 crore into nine PV projects across its operations in Telangana state. The largest of the new installations will be two 60 MW plants.

Solar Imports: India defers safeguard duty, provides relief to ongoing projects

Even though postponing the duty on solar cell imports from China and Malaysia is not a long-term resolution, it will offer relief to developers with ongoing PV projects, especially for those with shipments in transit or which arrived after 30 July.

Court clears solar imports from customs without paying safeguard duty

As per the court order, Shapoorji Pallonji can retrieve its solar PV panel consignment at Chennai port, which has been cleared by customs, provided it pays the safeguard duty in case the related notification is upheld.

Court to hear Vikram Solar’s safeguard duty petition next week

The Government of India will also consider changes to the 25% safeguard duty imposed on solar cell imports from China and Malaysia only after the next hearing in the Odisha High Court, which stayed the levy.

Acme Solar to quit projects if safeguard duty not passed on to utilities

As of July, Acme Solar had about 2.8 GW solar projects at different stages of development across India. Recently, it won another 600 MW of SECI’s 3 GW interstate transmission system (ISTS) tender, at a tariff of INR 2.44/unit (USD 0.036/unit).

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