$89 billion worth of investments likely to flow into the C&I RE sector in India by 2030
An additional 120 GW of C&I RE capacity is required to be set up by 2030 for India to attain its solar and wind target of 420 GW by 2030. This translates to US$89 billion worth of investments flowing into the sector between 2024 and 2030.
O2 Power acquires 55 MW of operational solar assets from Emmvee
The Indian renewable energy producer has acquired 55 MW of operating solar assets from module manufacturer Emmvee. The capacity includes 40 MW of utility-scale PV plants in Karnataka and 15 MW of commercial scale in Telangana.
Safeguarding duty extension fails to win over manufacturers
The investigating arm of India’s commerce ministry has proposed continuing to apply the duty levied on solar cell imports from the east at a rate of 14.9% from July 30 and falling to 14.5% six months later.
Legal loophole protecting imported panels from subsequent duties discriminates against Indian products, say manufacturers
Indian solar manufacturers have cried foul over a system which exempts imported panels from yet-to-be-announced tax regimes but offers no such protection to domestic products.
Interview: Uninterrupted cell production helps fast-track Indian solar manufacturing
Maximilian Germann, head of sales at German stringer experts M10 Industries, explains to pv magazine about the benefits of uninterrupted cell production from a cost and quality perspective, and how Indian solar companies are beginning to put long-term opex ahead of short-term capex concerns.
