Big dip in import and export of solar modules and cells
A flying start to the year saw huge volumes of solar cells and modules imported to India but the scale and value of such products fell over the remainder of 2018 and export figures mirrored that trend.
US rejects establishment of compliance panel, disagreeing with India’s WTO claim
The United States blocks India’s request for a panel to investigate Indian compliance to solar cells ruling. Thus, the Dispute Settlement Body (DSB) has deferred the establishment of a compliance panel. Moreover, U.S. reserves its right to obtain WTO authorization to take countermeasures against India, but there is desire to find a bilateral resolution.
Greenko competing with Renew Power to acquire SkyPower
Greenko and Renew Power both companies are in talks with Canadian developer SkyPower to buy its stake in Indian solar projects.
EESL India owned EPAL partnered with Leclanché to invest $12 million into first utility-scale storage project in Canada
The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.
