India

25% safeguard duty will threaten ongoing solar PV projects

The two-year period of the recommended safeguard duty is very short, discouraging any investment in setting up new solar manufacturing capacity, say analysts and companies pv magazine spoke to. At the same time, for solar project developers, the duty will impact tariffs to the tune of 12-15%, posing an immediate threat to viability of projects under execution, they add.

Azure Power wins 300 MW project to surpass 3 GW portfolio

The independent power producer has continuously expanded its project pipeline, routinely winning multimegawatt tenders. The latest winning bid relates to a pending PPA at Rs2.64 per kWh.

Government body recommends 25% tariff on Chinese and Malaysian cells and modules

Phased import tariff would fall to 20% 12 months after introduction and 15% for final six months of a proposed two-year period. Industry watchers say the cost of Indian solar energy could rise by up to 30%.

Building a battery manufacturing industry in India – Vision Mechatronics interview

Dr Rashi Gupta, Director at Vision Mechatronics discusses the EV landscape in India, particularly focusing on the potential for battery manufacturing. While there are currently many challenges, like a lack of raw materials and infrastructure, the opportunities are immense.

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Solar rooftop progress still dismal

India’s solar rooftop sector continues to disappoint with the first quarter of FY 2018-2019 achieving just 155.77 MW against the 1,000 MW EoY target.

Tata Power wins 250 MW solar project in Karnataka

Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has won a contract to develop 250 MW (50 MW x 5) of solar projects in Tumkur district of Karnataka.

LDK Solar awarded $16 million in solar panel dispute with Hindustan Clean Energy

An Indian court has issued a nearly US$16 million arbitral award to Chinese PV company LDK Solar Hi-Tech following its dispute with Indian renewable energy company, Hindustan Clean Energy (formerly Moser Bear Clean Energy) over a solar panel supply agreement. The amount is to be paid within 30 days from the date of the award, and includes the balance of purchase price, liquidated damages and legal fees.

Complete ecosystem needed to ensure India’s solar success – UL India interview

India’s government must create a complete ecosystem to ensure the effective on-ground execution of its ambitious solar program, says Chakradhar Byreddy, Director–Renewable Energy, UL, Asia Pacific, during an interview with pv magazine. This includes investing in laboratory infrastructure, and skills for technical due diligence, energy yield assessment and forecasting.

Global solar investment drops due to low project costs, China policy change

While overall global investment in clean energy saw a decrease of just 1% YoY in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg NEF (BNEF). It forecasts this trend to continue throughout the year.

750 MW Rewa solar project starts supplying power

The 750 MW Rewa solar power project, one of the world’s largest single-site solar power plants, has started operations.

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