‘Anti-dumping duty on coated steel will impede solar growth’
Citing the risk to solar projects, lobby group the National Solar Energy Federation Of India has asked the Ministry of New and Renewable Energy to exclude flat steel products coated with alloy of aluminum and zinc from anti-dumping duty.
Gujarat targets 30 GW of renewable capacity by 2022
Long regarded as a solar pioneer, the state has now announced grand plans to shoulder the burden of 17% of the nation’s clean energy ambition as India races to install 175 GW of clean energy capacity in just three-and-a-half years.
Another 1.2 GW tender, with Madhya Pradesh as delivery point
Unlike the other, India-wide 1.2 GW tender, rolled out simultaneously, the delivery point for these projects should be chosen from designated inter-state transmission system substations in Madhya Pradesh.
Battery maker CATL ramps up investment in German gigafab to €1.8 billion
Previously, a mere €240 million (Rs1,870 crore) was set to flow into the giga-factory. The corporation’s management reasoned new demand for its battery cells made more investment necessary.
Andhra Pradesh government to reduce payments negotiated under existing power deals
The state government will defy a ministerial order not to renegotiate signed deals after leadership of the legislative assembly changed hands in May’s elections. Consultancy Bridge to India says the contracts are legally binding but the move will shake investor confidence nevertheless.
SECI tenders further 1.2 GW of solar across India
The Solar Energy Corporation of India has invited bids to set up 1.2 GW of grid-connected solar under the fifth phase of its national interstate transmission system program. The projects – to be established on a build, own, operate basis – will be awarded through e-bidding and a reverse auction with a tariff ceiling of Rs2.65/kWh. Bidding closes on July 31.
Greenpeace report lauds India’s ‘solarization of agriculture’
Analysis of the solar pumping programs being rolled out across five states backs claim switching irrigation systems to PV could give the nation a huge leg-up towards its renewable energy ambition.
Thinktank gives manufacturers two weeks for EV adaptation blueprint
Central government has thrown down the gauntlet to the nation’s largest motorbike and scooter manufacturers after they resisted a proposal to ban non-electric sales from 2025 onwards.
EU and India step up cooperation on solar parks
The European Union and India’s Ministry of New and Renewable Energy have jointly launched standard operation procedures and monitoring tool for Indian solar parks. While the procedures will help to ensure consistency of standards across solar parks, the online monitoring tool will allow better tracking of the solar parks development and operation.
US investor Encourage Capital raises $40 million to fund rooftop solar for Indian MSMEs
The US-based impact investor will invest in specialized financial institutions in India that can develop and scale commercial rooftop solar finance solutions, serving an estimated US$ 9 billion market opportunity.
