SUBSCRIBE NEWS LETTER

China

Sungrow Power to Supply Inverters to 100 MWp Vietnam Solar Project

The project, for which Sungrow Power will supply its inverters, is settled on brownfield sites which offer excellent natural conditions for generating power from sun and expects to generate 150 GWh of clean energy annually after the project’s completion.   China based inverter solution supplier Sungrow Power Supply Company has inked a pact with Dai […]

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GAIL Seeks Shareowners’ Nod to Make Solar Power Plants

GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […]

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Global Solar Capacity to Reach 1 TW Mark by 2023

China, India and Japan will account for the biggest share in the development of the capacity according to Solar Market Outlook Update for Q2 released by GTM Research. Leading information services provider in next-generation electricity systems, GTM Research declares global solar capacity to surpass 1 terawatt mark by 2023. Surprisingly, China, India and Japan will […]

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Indian Gov’t Puts Safeguard Duty on Hold

The safeguard duty which was brought into effect on July 30, 2018 in order to protect interest of domestic solar manufacturers was awaiting clearance from Orissa High Court after solar player ACME Group filed a writ petition against the safeguard duty on imports. In a relief to the domestic solar developers, Finance Ministry has issued […]

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Shapoorji Pallonji Collects Solar Imports without Paying Safeguard Duty

Shapoorji Pallonji is asked to extend a bond of amount equivalent to safeguard duty and will have to pay the amount if the tariff is upheld with all clarity. Adding heat to the already simmering imposition of safeguard duty on solar imports from China and Malaysia, Madras High Court has allowed Shapoorji Pallonji Infrastructure to […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target

Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […]

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