Moser Baer Solar asks Indian central bank to postpone loan repayment
Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
India’s National Solar Mission: revisions recommended
The standing committee on energy, comprising members of the lower and upper assembly of the parliament, and the secretariat, has released a report recommending vital changes to boost India’s National Solar Mission of 100 GW by 2022.
Global South cities realize the importance of energy for all
Rapid growth and development in the Global South means making energy accessible to all is a growing challenge. New report identifies three ways to tackle these challenges.
India obstructs states to prevent 7 GW of PV projects at risk
The Indian power ministry has released notice preventing any renegotiation of signed PPAs in the solar PV sector, calculated at a potential $7.5bn worth of solar projects.
India: State of Mizoram pledges to install 80 MW of solar in 2017
In order to meet its 10.5 % renewable purchase obligation by FY 2021-22, the government of the Indian state of Mizoram has adopted a solar power policy that envisages deployment of 80 MW of solar projects in 2017.
India’s SECI cancels 950 MW of solar tenders, seeks re-tender at lower rate
The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.
India launches AD probe against Chinese, Taiwanese and Malaysian solar cells
Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.
India solar dumping case reaction: “Tariffs are a half-baked measure”
Rahul Gupta, founder and MD of Indian solar developer Rays Experts tells pv magazine that the anti-dumping case lodged against Chinese, Taiwanese and Malaysian solar companies could deliver temporary blow to India’s solar momentum, but in the longer-term it might be best for the sector.
IDFC acquires 190 MW of Indian PV projects from First Solar
The infrastructure fund of IDFC Alternatives has signed an agreement to purchase 190 MW worth of solar PV assets from First Solar Power India, an affiliate of First Solar Group. The projects are located om the states of Andhra Pradesh and Telangana.
India: Azure Power to issue $500m solar green bond
The green bond offering will be the first of its kind to be issued in India, and comes via Azure Power’s stated aim to continue promoting and investing in renewable energy in the country.
