The I-SMART program aims to aggregate demand for 1 GW rooftop solar systems across four states and two union territories. It simplifies rooftop solar installation by providing a range of services both to the partner installers and prospective customers on a single-window web portal.
The ground-mounted solar PV plants are to be set up at the oil and natural gas company’s terminals in the states of Telangana (750 KW), Uttar Pradesh (550 KW) and Punjab (230 KW). Bidding closes on June 4.
While the world’s biggest solar manufacturers are confident there are plenty of alternative markets for a rising volume of panel exports, the message spelled out by first-quarter shipment figures is that protectionism works.
The Mumbai-based engineering company, which acquired a majority stake in electric scooter maker Ampere Vehicles last year, is currently building a supply chain for the proposed EV battery manufacturing plant.
India’s energy demand will rise as the economy expands and more people have access to power, cooking gas and transport. Currently, India is the third largest energy consumer after China and the US. Its energy demand is expected to grow three-fold by 2040.
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has followed the lead of the authorities in Tamil Nadu, Bihar and Maharashtra in setting generic levelised tariffs for PV projects.
Chinese solar modules currently meet around 80% of India’s demand. Domestic modules face stiff competition from those imported from China, which cost 10-20% less, even after the imposition of safeguard duties.
With Narendra Modi’s government stunning pollsters with another huge victory, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
The fund will be used for a broad modernization program that will help Indian railways to transition from dependence on fossil fuels to renewable energy.
With Turkey now deemed too developed to qualify for exemption from import tariffs, the nascent Indian solar manufacturing sector is one of the few markets left whose cells and modules can be shipped to the U.S. free of tariffs.
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