‘We have not forgotten how China’s unfair trade practices affected our solar industry’: European Commission president
The president of the European Commission, Ursula von der Leyen, said in the 2023 State of the Union Address this week that European solar manufacturers face stiff competition from heavily subsidized Chinese rivals and noted that the bloc is launching an anti-subsidy investigation into electric vehicles from the country.
India’s solar module imports from China fell 76% YoY in H1 2023
India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.
GMR Group secures $298 million smart metering project from UP discom
GMR Smart Electricity Distribution Private Ltd has secured a contract to install, integrate, and maintain smart meters in the Agra and Aligarh zone of Dakshinanchal Vidyut Vitran Nigam Ltd.
Tata Power, SIDBI sign MoU on easy finance for MSME solar
Micro, small, and medium enterprises (MSMEs) can avail SIDBI loans at low interest rates to fund rooftop solar PV plants or associated services from Tata Power or its authorized channel partners across India.
Goldi Solar, Desert Technologies to collaborate on PV manufacturing
Goldi Solar will work alongside Desert Technologies (DT) to localize a significant part of the renewable energy value chain in the Kingdom of Saudi Arabia.
NTPC, Nayara Energy sign MoU on green hydrogen production
NTPC Green Energy Ltd (NGEL) will collaborate with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.
Avaada Energy, Al Jomaih to collaborate on renewable energy projects in the Middle East
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
DFC approves $425 million for Tata Power’s 4.3 GW solar cell and module fab
Tata Power’s greenfield 4.3 GW solar cell and module manufacturing plant in Tamil Nadu is expected to start PV module production by the year end.
India, USA to set up $1 billion renewable infrastructure investment fund
India’s National Investment and Infrastructure Fund and the U.S. Development Finance Corp. will provide up to $500 million each to anchor a $1 billion fund to support the deployment of renewable energy projects in India.
China solar module prices dive to record low
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
