MNRE timetable tries to get solar authorities into line
The government department has allocated various months for enabling organisations to hold their tendering and bidding processes, but critics have pointed out states are free to formulate their own plans.
Funding the key obstacle to renewables in Asia
Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.
Uttar Pradesh, Haryana will lead open access solar by 2022
States such as Karnataka and Madhya Pradesh, which previously took the lead in terms of installed solar capacity, are likely to take a back seat on this issue, due to the rollback of incentives.
Almost 60 GW of new solar by 2023
A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.
Solar Imports: India defers safeguard duty, provides relief to ongoing projects
Even though postponing the duty on solar cell imports from China and Malaysia is not a long-term resolution, it will offer relief to developers with ongoing PV projects, especially for those with shipments in transit or which arrived after 30 July.
Court clears solar imports from customs without paying safeguard duty
As per the court order, Shapoorji Pallonji can retrieve its solar PV panel consignment at Chennai port, which has been cleared by customs, provided it pays the safeguard duty in case the related notification is upheld.
Court to hear Vikram Solar’s safeguard duty petition next week
The Government of India will also consider changes to the 25% safeguard duty imposed on solar cell imports from China and Malaysia only after the next hearing in the Odisha High Court, which stayed the levy.
Acme Solar to quit projects if safeguard duty not passed on to utilities
As of July, Acme Solar had about 2.8 GW solar projects at different stages of development across India. Recently, it won another 600 MW of SECI’s 3 GW interstate transmission system (ISTS) tender, at a tariff of INR 2.44/unit (USD 0.036/unit).
Safeguard duty fallout: NTPC and MPUVNL delay solar auctions
Responding to developer requests, the state-run NTPC has deferred a 2 GW solar auction by a week, to Tuesday. Madhya Pradesh Urja Vikas Nigam Ltd is another state-owned corporation that has extended its bid submission deadline – for 33 MWp of rooftop solar – from August 9 to August 17, after similar requests.
Few winners as India imposes 25% safeguard duty, says IHS Markit
The tariff means PV projects will pause as developers adjust procurement strategies and new tenders risk delays or cancellation. The two-year limit on the duty will not be long enough to prompt more cell manufacturing capacity and as for imports, there are doubts over how the origin of cells will be adjudicated so that Chinese and Malaysian cells are subject to the charge, say analysts.
