The government’s move to slash corporate tax rates to 22% from 30%—and to 15% for new manufacturing companies—has largely been hailed by the solar industry even as it feels impact will be limited.
Lower-middle and low-income countries, which account for 40% of the world’s population, get less than 15% of energy investment.
The ground-mounted plant—located at the Kadapa cement manufacturing facility in Andhra Pradesh—was completed in a record two months for captive electricity consumption.
While some of the industry insiders gathered at REI 2019 have made predictable calls to be free of the restrictions imposed by regulators, others maintained policy support is crucial and audience members voiced concern about India’s lack of recycling rules.
A British study has found co-location of solar and storage may accelerate the deployment of profitable merchant renewable energy projects in the United Kingdom. The report predicts installed solar capacity in the U.K. could increase from around 13 GW next year to 19 GW in 2030 and 32 GW in 2040.
The Chinese manufacturer claims to be the first company in the nation to supply that volume of solar modules. The news is unlikely to be welcomed by a government desperate to foster its own solar manufacturing sector.
Trade tariffs are spreading across the global PV industry. The United States has been especially active with its sandwich of old antidumping and countervailing duties coupled with new Section 201, 232 and 301 duties. Some of these are part of the Sino-U.S. trade dispute; others impact not only Chinese producers, but manufacturers around the world. So, what will be the impact of this new era of PV protectionism on the solar sector?
Revision in the outlook to ‘stable’—from ‘positive’—stems from resurfacing renegotiation fears and continued delay in payments from some of the offtakers.
The project—commissioned for food processing firm Keventer Agro—is spread across 250×70 m2 and uses 6240 numbers of Vikram’s high-efficiency 345Wp monocrystalline modules.
The plant—with Maharashtra State Electricity Distribution Co. Ltd as the offtaker—is the company’s first ISTS connected solar project.
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