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Finance

Prioritising clean energy will be key to economic recovery

Cost savings associated with switching to least-cost energy solutions like wind and solar can be redeployed for economic recovery. At the same time, building resilience on fronts like energy system design and supply-chain management is crucial to deal with unexpected shocks and crises.

Post Covid support required for electric vehicles: FICCI

The industry body has recommended a series of measures including a continuation of FAME II Scheme to 2025, short-term booster incentives for consumers and support for in-house R&D to boost the electric vehicle sector. 

Italy’s Enel scores its first solar win in India

The renewable energy developer—which owns and operates 172 MW of wind capacity in India—has claimed its first solar tender win in the country with a SECI award for 300 MW power.

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Solarpack reveals record-breaking solar plant will be in Rajasthan

The Spanish developer, which will sell solar energy at an Indian record low tariff of Rs2.36/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.

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India sets new record-low solar tariff of Rs2.36/kWh

The winning bid, for 300 MW of generation capacity by Spanish developer Solarpack in a 2 GW auction is 3.3% lower than the previous record of Rs2.44.

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Breaking News: Has India posted a new record low solar price?

A 2 GW tender conducted by the Solar Energy Corporation of India has reportedly concluded with prices of Rs2.36-2.38/kWh, according to a tweet which emerged this afternoon.

Hearing about solar cell safeguarding duty on Friday

The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.

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India’s renewable energy revolution serves as a model for the world

The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market. 

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Solar panel imports to face 20-25% customs duty from August

The levy on modules will then almost double to 40% within a year and cells will see a similar rise, from an initial rate of 15%.

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NTPC gets 500 MW solar project management contract from Mali 

After a 285 MW award from Togo, this is the second such overseas contract for the state-owned power producer which aims to anchor 10 GW of solar parks in ISA member countries over two years.

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