Big dip in import and export of solar modules and cells
A flying start to the year saw huge volumes of solar cells and modules imported to India but the scale and value of such products fell over the remainder of 2018 and export figures mirrored that trend.
SECI tenders 97.5MW rooftop solar projects for government buildings
The Solar Energy Corporation of India (SECI) has invited bids for implementation of 97.5MWp grid-connected rooftop solar PV systems on government buildings in different States/Union Territories of India. The projects, under both CAPEX and RESCO models, will be awarded through international competitive bidding. The deadline for bid submission is March 27.
Schneider Electric pulls out of utility-scale PV business
The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
Anti-dumping duty slapped on Malaysian solar glass
The Indian government has imposed anti-dumping duty of $114.58/metric ton on tempered solar glass imports originating in or exported from Malaysia. The five-year duty will be applied to products from producers except Xinyi Solar Sdn. Bhd.
A solar decade: From 9 MW to 28 GW
There is widespread doubt about whether India can achieve its 100 GW solar target by 2022 but, having started from a base of only 9 MW of capacity 10 years ago, it would be foolish to write off the prospects of this solar superpower.
Waaree Energies eyes 100 MW rooftop solar in 2019-20
The Mumbai-based solar PV panel manufacturer and EPC contractor aims to commission 100 MW rooftop projects in the financial year 2019-20, generating a revenue of Rs 400 crore from this segment alone.
1.2 GW solar auction sees slight rise in tariffs
As against the all-time low of Rs 2.44 per unit recorded in July last year, the latest SECI auction saw the lowest winning tariff of Rs 2.55 per unit offered by ReNew Power. Other winners included Azure Power, Eden Renewable and SoftBank-backed SB Energy.
Concessional finance can make solar and batteries cost-competitive faster: BNEF
The higher the cost of a technology, the greater the potential impact concessional finance can make. For a lithium-ion battery project, reducing capital costs by even one percentage point can reduce energy generation costs by $10/MWh.
Solar EVA sheets attract AD duty for five years
Following a petition by domestic manufacturers seeking legal protection under anti-dumping laws, the Directorate General of Trade Remedies has recommended the imposition of duties ranging from $537-1,559/metric ton on solar ethylene vinyl acetate sheets imported from China, Malaysia, Saudi Arabia and Thailand.
ReNew Power secures fresh $350 million from US investor
The Gurugram-based independent power producer has secured fresh debt financing of up to US$ 350 million from the US government-owned Overseas Private Investment Corporation (OPIC). This follows an earlier round of financing in March 2016 when OPIC had granted a loan of US$ 250 million to ReNew Power.
