The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]
In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […]
NTPC Limited has informed the stock exchanges that it has commissioned a 140 MW Solar Project at Bilhaur, Kanpur, Uttar Pradesh. The Statement -“In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning and due approvals, 140 MW capacity Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, has been […]
Cipla Limited, a leading pharma firm announced the start of a 30 MW solar plant project at Tuljapur, Maharashtra. The plant will support its production facilities and reduce emissions linked to energy commission there. The 30 MW project, built in partnership with APM Energy India, is spread over 115 acres, The project will benefit the company’s […]
Responding to pleas by multiple manufacturers and trade bodies, the Ministry of New and Renewable Energy has extended the last date for self certification for SPV (Solar) inverters has been extended yet again from December 31 2020 to June 30, 2021 now. This is subject to the condition that relevant manufacturers will have valid IEC […]
As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […]
Back in 2019, when predictions for 2020 were still being made, not a single analyst could have predicted the convulsions that Covid-19 would cause across industry, including the solar sector. With 2020 behind us finally, it is instructive to look at Vietnam, a market where Covid seems to have had zero impact, with the country […]
With the Supreme Court yesterday allowing the Central Electricity Regulatory Commission (CERC) to resume administrative operations, the stage is finally set for a semblance of normality to return to some of the highest dispute resolution bodies in the Indian power sector. While the CERC was effectively shut down by the SC since August last year, […]
On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […]
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