Chinese solar modules currently meet around 80% of India’s demand. Domestic modules face stiff competition from those imported from China, which cost 10-20% less, even after the imposition of safeguard duties.
With Narendra Modi’s government stunning pollsters with another huge victory, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
The fund will be used for a broad modernization program that will help Indian railways to transition from dependence on fossil fuels to renewable energy.
With Turkey now deemed too developed to qualify for exemption from import tariffs, the nascent Indian solar manufacturing sector is one of the few markets left whose cells and modules can be shipped to the U.S. free of tariffs.
CNG distributor Indraprastha Gas Limited (IGL) has invited bids for supply, installation, testing and commissioning of 1 KWp solar PV system (4x260W panels) along with Lithium-ion batteries and inverter for 12 hours backup. A total of 76 such system combinations are to be supplied. Bidding closes on May 30.
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.
Adani Green Energy and ReNew Power made techno-commercial bids for 600 MW and 300 MW, respectively, leaving the tendered capacity undersubscribed by 300 MW.
Tangedco’s reputation for late payments scared off developers in its latest two, failed tender exercises. The solution? Get government body SECI to hold the auctions, because everyone knows it pays on time!
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
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