Ministry of New and Renewable Energy makes decision to extend the exemption of solar power projects from the charge in order to make PV more price competitive with coal power.
Government “highly unlikely” to disrupt soaring solar market by acquiescing to demands to introduce anti-dumping tariffs on solar modules and cells from China, Taiwan and Malaysia, says Mercom Capital, but others argue duties are only way to ensure survival of domestic industry.
As expected, TANGEDCO’s new tender has attracted unprecedented attention, despite the utility’s previous unpopularity among developers.
India’s largest independent solar power company has switched on another large-scale project in the state of Andhra Pradesh.
Since the beginning of June, the first 30 households in India have been connected to a mini-grid system powered by PV and equipped with a hybrid storage facility. In addition to the successful inauguration, the german start up BOS has introduced Indian technicians and villagers to the new technology.
Latest Indian Solar Map by analysts Bridge To India finds that Trina Solar has 25.7% of module market share, with ABB top of inverter charts on 28.6% share. Solar sector poised to grow by at least 8 GW this year.
As of April 2017, India boasts 57.472 GW of installed renewable energy capacity, show recent data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group.
The panels delivered following the largest single order that the Chinese PV manufacturer ever closed in India are now operational at the 455 MW solar plant.
The initial public offering proposed by the Indian Renewable Energy Development Agency (IREDA) has been given approval by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi.
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.
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