The Solar Power Developers Association (SPDA) said one-year safeguard duty extension had already resulted in escalated capital costs. Any additional tariff barriers would jeopardize the Government’s ‘100 GW by 2022’ target.
During the financial year 2019-20, Chinese manufacturer Risen was the second-largest PV module supplier to Indian solar installations, accounting for around 9.9% of the overall shipments.
The e-commerce player has worked with design and manufacturing partners to procure electric vehicles (EVs) optimized for e-commerce deliveries. It is also planning to set up the necessary charging infrastructure close to its 1,400 supply chain premises to push the use of EVs.
India imported solar cells and modules worth $1.3 billion from China in FY2019-20. Domestic manufacturers have demanded a level playing field to compete against cheaper imports.
Bids are invited from Indian manufacturers to supply polycrystalline solar modules with an efficiency of a minimum 16.75%. Bidding closes on September 3.
The market-based mechanism will allow resource-rich and resource-deficit States to trade renewable energy and balance their renewable purchase obligation (RPO) targets.
The Mumbai-based manufacturer has a 2 GW state-of-the-art solar module manufacturing capacity in Gujarat and is setting up an additional Rs 11-billion modules and cells factory in the state.
Hospitality major IHC has signed a 25-year power purchase agreement with Tata Power arm TP Kirnali Solar, which will allow it to meet up to 60% power requirement of its Mumbai hotels with solar energy.
August 21 is the deadline to submit bids for supply of 4.50W (4-/5-busbar), 4.60W (5-busbar) and 4.67W (5-busbar) multi-crystalline solar cells. Only Indian manufacturers are eligible to participate.
Low solar tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only safeguard duty of 14.9% is applicable, according to JMK Research.
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