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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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Brett Martin, Lightsource BP Ink Solar Energy Pact

As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded and developed by Lightsource BP. County Antrim-headquartered independent manufacturer Brett Martin signed a solar energy agreement with British solar parks developer Lightsource BP. As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded […]

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Irish Gov’t to Roll First Tender under Renewable Energy Scheme in 2019

The renewable energy scheme would also incentivize sufficient renewable energy generation to meet national and EU-wide renewable energy and decarbonization targets out to 2030. Adding to the enhancement of renewable energy sources, Ireland approved of its long awaited Renewable Electricity Support Scheme (RESS). The scheme aims at recognizing the country’s potential clean energy outlets with […]

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Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared

Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […]

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NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty

The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […]

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Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr

Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […]

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Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty

Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […]

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DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year

The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […]

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