The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
The super-hydrophobic coating uses nanoparticles to reduce dust deposition on solar panels and cleans itself by the movement of water on modules.
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Developers have until Sept. 1 to bid for capacity along railway tracks and on company-owned land across a number of Indian states.
The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Developers from France and Germany and investors with access to cheap U.S. and U.K. finance were among the winners in a 2 GW procurement round which saw Spanish company Solarpack lodge a record-low price for Indian solar power of $0.031/kWh.
The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.
The Indian government’s levy on modules could almost double to 40% within a year. Cells will see a similar rise, from an initial rate of 15%.
Vaibhav Pratap Singh, senior analyst from South Asian thinktank the Council on Energy, Environment and Water, tells pv magazine about the impact of the coronavirus pandemic on the Indian solar sector, green finance and other investment prospects.
The industry needs to cut a dependence on lithium-ion battery imports from China, according to Nitin Gadkari, who said the government is looking to support research into alternative technologies.
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