Moody’s Hails India’s Efforts On RE Front
New Moody’s Report On India’s Transition To Low-Carbon Energy Mix Forecasts Renewable Energy Generation To Account For 18% In Country’s Energy Mix By 2022, As Fossil Fuel Based Generation Drops Down To 55% From Current 67%
Wind and solar power tariffs either reaching a comparable level with domestic coal-based generation or even going lower is contributing to the rising share of renewables in the country, according to Moody’s Investors Service new report, ‘Infrastructure and Project Finance-India: Transition to low-carbon energy mix is work in progress’.
Safeguard Duty In India Near
Supreme Court Of India’s Interim Order Allows 25% Safeguard Duty Implementation From July 30, 2018, According To Mercom
The Supreme Court of India’s interim order allowing the Ministry of Finance, headed by Arun Jaitley (in the picture), to go ahead with 25% safeguard duty implementation, was a result of the ministry moving the court against Orissa High Court’s order to withdraw its notification issued on July 30, 2018.
Malaysia Seeks WTO Intervention In India
Malaysia Approaches WTO In Response To India’s Call For Safeguard Duty Against Imported Solar Cells From China & Malaysia
While Malaysia has approached WTO to discuss solar safeguard duties with India, the Indian government has time till the Orissa High Court holds a hearing on the matter of implementation of the safeguard duty scheduled for September 19, 2018.
Record Indian Solar Tariffs As Low As INR 1.58
Madhya Pradesh 35 MW Rooftop Solar Auction Attracts Lowest Ever Bid Of INR 1.58 ($0.022)/kWh In India
The 35 MW rooftop solar power tender in India's Madhya Pradesh has elicited good response from bidders who have competitively quoted the lowest solar tariff in Indian auctions so far..
India Issues Instructions For Pass Through Option
Power Ministry of India Directs Central Electricity Regulatory Commission To Speed Up Implementation Of ‘Pass Through’ Option For Power Companies To Ensure Electricity Market Sustainability
Minister for Power in India, RK Singh, also heading the Ministry of New and Renewable Energy, has addressed the issues being faced by solar power generators in getting a ‘pass through option’ cleared through a letter to the regulator.
Timetable For PV Tenders In India
Ministry Of New & Renewable Energy Issues Guidelines Suggesting Timetable To Be Followed For Solar Power Project Tendering To Avoid Distortion Of Market
MNRE headed by Minister RK Singh (standing) in India is hoping following a tender timetable for solar PV projects will help in its targeted roadmap for 30 GW of PV capacity each to be tendered for the current FY as well as for the next (Photo Credit:.
Indian Solar Imports & Exports Decline In Q2/2018
Chinese Solar Cells And Modules Imports To India Drop 67% In Q2/2018 With Uncertainty Around Safeguard Duty & Slowing Tender Activity
Imports of solar cells and modules during Q2/2018 into India showed a decline of 60%, over last quarter, exports of Indian manufacturers too dropped by 9%, according to Mercom.
India Amends Hybrid Wind Solar Policy
MNRE Removes Word ‘Battery’ In National Wind-Solar Hybrid Policy To Allow Use Of Any Storage Technology
India’s government has amended its recently launched National Wind-Solar Hybrid Policy to enlarge the ambit of storage technologies used to store the renewable power generated by projects under the policy.
GRIDCO Wary Of Signing PPAs For PV Auction
Grid Corporation Of Odisha Reportedly Sceptical About Signing Long-Term PPAs With Successful Bidders For 200 MW Auction
A 200 MW solar power tender launched by the Grid Corporation of Odisha (GRIDCO) in April 2018 received 845 MW of technical bids from 14 bidders.
Crisil: India To Reach Only 80 GW PV By 2022
Targeted 100 GW Solar Power Capacity in India By 2022 Not Possible Says CRISIL, Which Expects 78 To 80 GW In Best Case Scenario; Rooftop Solar To Settle Only For 8 GW By 2023
At the end of March 2018, India had a cumulative PV capacity of 21.6 GW according to the Ministry of New and Renewable Energy.
Court Pauses India’s Safeguard Duty
Orissa High Court Directs Indian Ministry Of Finance To Withdraw Safeguard Duty Notification; Next Hearing Scheduled For August 14, 2018
The Ministry of Finance under the Government of India has been directed by the Orissa High Court to withdraw its notification imposing safeguard duty on imported solar cells from China and Malaysia. One of the petitioners against the safeguard duty.
25 GW Single Solar Bid For Ladakh?
Indian MNRE Head RK Singh Says Ladakh Holds 35 GW Solar Potential; Now He Plans To Launch Single Tender Of 25 GW With Storage & Deliverables In Una District
With only 21.6 GW of total installed solar power capacityat the end of March 2018, Indian government needs to hurry to reach its 100 GW solar goal by 2022.
India Launches RE Program In Rural Areas
MNRE Secures Administrative Approval To Implement ‘Scale Up Of Access To Clean Energy Scheme’ For Rural Livelihood Activities Through Decentralized Renewable Energy Technologies
A new support scheme of the Government of India will help rural livelihoods to become sustainable with the use of decentralized renewable energy technologies for electrical, thermal and mechanical applications.
Farmtops For Solar In India
India Can Promote Net Metered Solar Pumps Under KUSUM To Achieve 100 GW Solar Power Target By 2022, Says Whitepaper Suggests Farmtops Along With Rooftops To Be Included In Defining Distributed Energy Generation
A new whitepaper titled From Rooftops to Farmtops, Augmenting India’s Distributed Solar Goals through net-metered solar pumps shows that the agricultural sector alone offers a solar potential that is larger than the country’s 100 GW 2022 target.
PI Berlin Assesses Risks Facing Indian PV Projects
Though Profitable, Indian PV Market Poses Challenge For Developers & Investors With Climate Concerns, Poor Installation & Lack Of Maintenance, According to PI Berlin Study
PV power plants and equipment testing institute PI Berlin calls the Indian solar market a double-edged sword.
Higher Cost For Consumers Through Safeguard Duty?
India’s Solar Power Tariffs May Go Up By INR 0.38 to INR 0.50 /kWh Due To Safeguard Duty, Impacting Industry Competitiveness, Says The Energy & Resources Institute TERI
Unable to compete with foreign manufacturers, India’s domestic PV industry needs support from the government, but safeguard duties are not the right means, according to TERI.
Developers Take Legal Route Against Safeguard Duty
Hero Future Energies & Vikram Solar Join ACME Solar To Contest India Government’s Decision To Levy Solar Safeguard Duty
In May 2018, the Ministry of New and Renewable Energy (MNRE) had confirmed to the Delhi High Court that interests of all stakeholders will be covered if in future there is a need to impose safeguard duty (see No Safeguard Duty On Solar Imports In India).
SECI Cancels 3 GW Auction, Partially
Barring ACME Solar’s 600 MW Win For 2.44 INR/kWh In Recent 3 GW Auction, SECI Cancels Rest
India has not too much time left to achieve its 100 GW solar power capacity target which it plans to do by 2022. Hard pressed for time, as of recently it is scrapping big auctions citing too high tariffs offers by the tender winners.
25% Safeguard Duty Imposed By India
India Imposes 25% Safeguard Duty On Solar Cells Imported Into India From China & Malaysia, Even As Orissa High Court Put Temporary Stay Till August 20, 2018
The Ministry of Finance, which has approved the recommendations of DGTR for the 25% safeguard duty, is officially headed by Arun Jaitley who has been on a break owing to health reasons.
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