The Solar Energy Corporation of India Limited (SECI) has announced a tender for the development of a 150 MW grid connected floating solar PV power project in the Indian state of Uttar Pradesh.
At the World Trade Organization’s Safeguard Committee Meeting, the European Union and Japan found that India’s safeguard measures on imported solar PV cells and modules need further investigation, and must be more conclusive. India replied, saying it has nothing to add.
Sungrow, the world’s second largest inverter supplier, according to GTM research, has announced plans to establish production facilities in India. The Chinese inverter company is aiming to strengthen its global delivery capability by setting up central and string inverter facilities in the state of Karnataka. The fab would be its first outside of China.
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
In a much-awaited move, India’s Ministry of New and Renewable Energy (MNRE) has mandated that, effective April 16, 2018, all solar equipment manufacturers will have to register their equipment with the Bureau of Indian Standards (BIS).
The Gujarat state government has approved a 5 GW solar PV park, to be located in the Dholera Special Investment Region. The development of what will become the world’s largest such project when complete, is seen as “crucial” on the back of Bangladesh’s recent interest to procure 2 GW of solar energy from India.
The governments of the U.K. and India have announced a new green fund, managed by Lightsource BP and the Everstone Group, which will see up to £500 million invested in green energy in India. The U.K. has also joined the Indian-led International Solar Alliance (ISA).
RenewSys India has submitted a petition to the Directorate General of Anti-Dumping & Allied Duties for the imposition of anti-dumping duties on imports of Ethylene Vinyl Acetate sheets for solar modules from China PR, Malaysia, Saudi Arabia, South Korea, and Thailand. Evidence of dumping has been found.
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
The Asian companies will form a joint venture in India to execute the plan. The project’s total investment is expected to be around US$930 million, which will be used for the production of solar PV ingots, wafers, cells, modules and batteries.
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