Nationwide financing program to be guaranteed by the Indian government and delivered using funds from the Asian Development Bank and Punjab National Bank. First tranche represents one-fifth of $500m loan finance program.
As cheap Chinese solar cells and modules flood the Indian market, solar companies under the Indian Solar Manufacturers Association (ISMA) have filed a petition with the Ministry of New and Renewable Energy to impose anti-dumping duties on produce from China, Malaysia and Taiwan.
The state-owned salt company is on a quest for an EPC contractor to work on a large-scale project in the Indian state of Gujarat.
In its latest shipment to India, the Chinese Tier-1 solar company has supplied 65 MW of solar modules.
The German developer has completed its sixth solar PV plant in India.
In tweet sent yesterday, India revenue secretary Hasmukh Adhia said that all solar equipment will be subject to only 5% Goods and Services Tax, allaying fears cells and modules would be placed in 18% bracket.
Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
One of the top 10 coal-fired power generators in the world, Indian energy conglomerate NTPC is today leading the charge in the country’s energy market transformation, finds report.
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
Government officials from the state of Uttar Pradesh have met with Ministry of New and Renewable Energy representatives to discuss development opportunity in Rajasthan, eyeing October 2018 commissioning date.
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