The second day of REI in Greater Noida continues to attract large numbers of delegates, with the exhibition halls crowded, and conferences well attended. During an EU-Indian session this morning, India’s CEEW boldly stated that India is the largest clean energy market in the world, which will operate on market-friendly principles. Overall, CEO, Arunabha Ghosh outlined four basic vows needed for the Indian renewables market to grow; and said decarbonzation of the industrial sector should be the next big focus for renewables.
The role of SunPower’s planned purchase of SolarWorld Americas in getting a rare reprieve from the Trump Administration’s bellicose trade actions is unclear.
The 12th Renewable Energy India (REI) Expo opened its doors today; the booming music and bright sunshine mirroring India’s ambitious goals to become the biggest RE market in the world. In the opening conference, the government’s commitment to renewables was underlined, while BNEF said the country will have one of the highest penetrations of solar and wind, globally, by 2050. Companies are also starting to look to India for manufacturing opportunities, although the landscape is still filled with uncertainty.
The final order from the U.S. Trade Representative includes an interim tariff rate of 10% set to start on September 24.
In an interview with pv magazine, vice president of GoodWe, Ron Shen, talks about the company’s plans for Germany, Spain, Africa and India, in addition to its goal to triple production capacity to 15 GW in China. He also discusses the effect of China’s 31/5 policy change, and plans for an initial public offering (IPO).
The decision to tax the ‘service’ provided to solar developers at the full rate comes days after India’s Supreme Court upheld the federal government’s imposition of a 25% safeguarding duty on Chinese and Malaysian panels.
The market for EVs is experiencing robust uptake worldwide with companies, governments and municipalities implementing policies to drive development. EVN and EVBox announced plans for expansion this week, and the UK government is also pouring investment subsidies into the electric vehicle market.
The World Bank is helping Gambian utility NAWES find a consultant for the nation’s first large-scale scheme, to be developed under the national Electricity Restoration and Modernization Project. The solar plant may have a capacity of up to 20 MW, and could be linked with a storage system.
Head of SolarPower Europe welcomes news of imminent Solarworld sale whilst predicting removal of EU trade barriers on Chinese-made panels will bring dormant market back to life.
The Japanese Government has wrapped up its second of three planned solar auctions, with nine companies winning the rights to build a total of 196.96 MW of commercial PV capacity.
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