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Azure Power

With Safeguard Duty Expiry A Day Away, Solar Bodies in a Huddle For Way Forward

With the Safeguard Duty (SGD) on solar modules expiring tomorrow, there is predictable anxiety among Indian module manufacturers on the future after the duty expires. Currently, there is an ongoing investigation by the Directorate General of Trade Remedies against alleged Chinese dumping of modules, which has got delayed due to a court intervention. Thus, a […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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Amplus Solar Acquires 17 Rooftop Solar Projects From Sterling and Wilson

Amplus Solar has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson, totalling 7.2 MWp. Amplus Solar, one of Asia’s leading distributed solar energy companies, has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson Private Limited’s totalling 7.2 MWp.  Spread over Haryana, Punjab, Madhya […]

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Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth

Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […]

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […]

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Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s

Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […]

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BCD Announcement This Week? Speculation Reaches Fever Pitch, Again

A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […]

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Ecoppia Secures First Project in Egypt, the 1.65 GW BenBan Solar Park

Ecoppia, a leader in robotic solutions for PV solar, has won a new project in one of the worlds’ largest solar parks in BenBan, Egypt Ecoppia, a leader in robotic solutions for photovoltaic solar, has announced a new project win in one of the worlds’ largest solar parks in BenBan, Egypt. The BenBan solar park, […]

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