Developers want customs duty on solar panels deferred
The Solar Power Developers Association (SPDA) said one-year safeguard duty extension had already resulted in escalated capital costs. Any additional tariff barriers would jeopardize the Government’s ‘100 GW by 2022’ target.
Sprng Energy buys 165 MW of solar modules from China’s Risen
During the financial year 2019-20, Chinese manufacturer Risen was the second-largest PV module supplier to Indian solar installations, accounting for around 9.9% of the overall shipments.
Gujarat opens tender for 110 MW of grid-connected solar plants
Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants across three substations of the Gujarat Energy Transmission Corporation Limited (GETCO). Bidding closes on September 16.
Solar-powered hydrogen under $2/kg by 2030
Researchers from the Massachusetts Institute of Technology have identified sites where hydrogen could be produced via PV electrolysis at prices ranging from $1.90/kg to $4.20/kg in the United States by the end of the decade.
Greenko, NTPC sign MoU for round-the-clock power supply
Hyderabad-based RE developer Greenko Energies, which is developing over 40 GWh of pumped hydro storage projects in India, has partnered with NTPC to develop round-the-clock power supply solutions by integrating renewable energy sources and pumped storage.
Malaysia’s Yinson increases stake in India solar plant to 95%
Having acquired a 37.5% stake in March, Yinson has now agreed to buy an additional 57.5% equity interest in Indian independent power producer Rising Sun Energy (RSE) with a cumulative operational capacity of 140 MW (AC) in the Bhadla Solar Park.
Engineering drives next-generation solar power in Southeast Asia—Black & Veatch interview
Mitesh Patel, Renewables Director-Asia, US-headquartered EPC player Black & Veatch, speaks to pv magazine about the key trends driving the solar market, especially in Southeast Asia, and strategies to improve the bankability of PV projects.
India added just 351 MW of solar capacity in Q2, 42,229 MW in pipeline: Bridge To India
Covid-related disruption hit solar project construction in the second quarter. The activity will likely rebound over the coming quarters, with 4,720 MW expected to be commissioned in the second half.
Manikaran Power, south Korea’s KEPCO join hands to acquire stressed power plants in India
The New Delhi-headquartered power trading company has signed a Memorandum of Understanding with the South Korean power plant maintenance specialist to acquire and revive stressed assets in the power sector.
Modi loosens the purse strings to help struggling state utilities
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
