Markets & Policy

China’s JinkoSolar the biggest module supplier to India in first quarter

All the JinkoSolar PV modules shipped to India during January to March period of 2020 are based on mono PERC technology, comprising full-cell and half-cell modules.

Italian homeowners can now install PV systems for free

The Italian government has raised the tax breaks it offers for building renovations and energy-requalification projects – potentially including storage-backed rooftop PV systems – to 110%. The new measure is part of the Relaunch Decree, which is a package of guidelines aimed at reviving the Italian economy in response to the Covid-19 crisis.

Solar tariffs below Rs 2.55/kWh financially unviable now, says Ieefa

To earn reasonable returns on solar projects, developers must factor in the various risks and correctly estimate the cost of every component before bidding.


India’s new solar capacity addition to fall by 23% in 2020

Capacity additions will, however, rebound in 2021 to exceed 2019 levels as the majority of delayed solar projects come online.


Covid-19 impact: Acme Solar wants to abandon record-low solar price tariff

The developer wants to cancel the power purchase agreement it signed in 2018 for a 600 MW project awarded at a tariff of Rs2.44/kWh, as it fears Covid-19-affected commissioning of the project will stretch beyond the six-month extension from the scheduled date enshrined in the agreement.

Solar EPC firm SunEdison raises US$2.5 million from US investor

Fenice Investment Group will subscribe to compulsorily convertible preference shares (CCPS) of SILRES Energy Solutions at Rs 10 per CCPS. The investment is expected to complete by May 25.

Sterling and Wilson Solar bags Rs 2600-crore EPC order in Australia

In its largest order in Australia, the Indian multinational company has bagged Rs 2600-crore (AUD 525 million) EPC work along with Rs 415-crore (AUD 85 million) operations and maintenance job.

India’s electric vehicle component market to grow 22% per year for a decade

The market will be driven by shared-mobility electric car deployment and will see annual growth of up to 61.7% for battery management systems.


Liquidity booster for Discoms, state guarantee to rescue

The government’s announcement of Rs 90,000 crore liquidity injection comes as a relief for Discoms. It will be, however, essential to see as to what extent the discoms can avail the scheme given the ‘tied’ nature of this support and requirement of State Government guarantee—shares Care Ratings. 


Gujarat announces sops to attract new manufacturing units

Plug-and-production facilities and labour law exemptions for 1200 days are among the decisions announced by the chief minister of the Indian state which contributes 7.9% to India’s gross domestic product and 20% to the overall exports.

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