Interview: Safeguard duty will not derail any projects
Indian Solar Manufacturing Association (ISMA) General Secretary, HR Gupta speaks to pv magazine about the petition filed by ISMA for safeguarding the domestic manufacturing sector. Gupta seeks to alleviate doubts regarding the safeguard duty and justifies the upcoming tariff by stressing that no derailment of projects will happen.
WFES: ISA signs letters of intent for $5bn financing, MNRE announces $350 million for solar
This week’s World Future Energy Summit (WFES) saw a letter of intent inked at the International Solar Alliance’s (ISA’s) pavilion to secure financing of up to US$5 billion with India’s YES Bank by 2030. MNRE head, R.K. Singh also announced a $350 million solar development fund by the Indian Government for solar projects.
MNRE clarifies solar domestic content requirement on back of India-US argument
Clarification on India’s solar domestic content requirement (DCR) under the country’s National Solar Mission has been made by the Ministry of New and Renewable Energy (MNRE), after the U.S. again dragged India to the World Trade Organization (WTO) for non-compliance.
Support grows for India in WTO tiff with US
The European Union as well as Brazil, China and Japan indicate their support for India in the WTO dispute against the U.S. Consensus appears to be that trade retaliatory measures are unjustified. The DSB chair concluded by noting the matter has been referred to arbitration in line.
Summary: Central subsidies for solar PV
The Indian government has introduced a number of subsidies under various categories of solar projects, from big PV parks to small rooftop and off-grid installations, in order to achieve its 100 GW solar target by 2022. The current status of the subsidies are summarized below.
SECI postpones 2 GW tender and extends solar manufacturing EoI deadline
The Solar Energy Corporation of India has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expression of interest for setting up the solar manufacturing plant in India until January 29.
Delhi launches Solar City Initiative
Adding another notch to India’s impressive solar growth, Delhi’s power utility company, BRPL has launched a solar city initiative to boost India’s solar PV rooftop sector.
India considers 7.5% duty on imported solar modules
According to reports, India is planning to impose a 7.5% tax on imported solar PV modules.
ISA releases RfPs for PV rooftop projects in member countries
The International Solar Alliance (ISA) has issued a request for proposals for solar PV rooftop demonstration projects in member countries under its Renewable Energy Service Company (RESCO) model. The aim is to promote solar among ISA member countries.
Indian solar policy roundup 2017
MNRE head RK Singh delivers a lowdown on India’s current solar installations, recent policies that the government has initiated, and the customs issues with imported solar modules.
