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 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.
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.
Chinese PV manufacturer, Trina Solar today launched its TrinaHome product in New Delhi. It is India’s first solar residential home kit. While it is currently imported from China, the goal is to assemble it locally, in the coming months.
“Profitable yet risky”: This was one of the findings of a recent study, released in July, conducted by PI Berlin on behalf of Germany’s National Metrology Institute (PTB) when examining six Indian PV projects from the viewpoint of project quality. The report’s author Asier Ukar spoke to pv magazine in advance of his presentation on the subject at the Quality Roundtable at the Renewable Energy India conference next week.
From cheer to gloom, the Indian solar industry has had mixed reactions to the Supreme Court’s interim order lifting the stay on the imposition of a 25% safeguard duty on imported solar cells and modules.
In a significant move, which will greatly impact India’s solar industry, the country’s Supreme Court has reportedly given the go-ahead for the government to impose 25% safeguard duties on imports of PV cells and modules. The levy will be effective July 30, 2018.
Following hot on the heels of Exide Industries, traditional battery maker, Indian-based Amara Raja Batteries Limited has said it will set up a 100 MWh lithium ion assembly plant in Andhra Pradesh. The company aims to establish a foothold in the energy storage market for electric vehicles.
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