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Adequacy of Transmission Infrastructure Critical, Says ICRA

“The notified regulations are positive for developers in the renewable energy sector, as they provide clarity on the procedure and timelines for securing approval for connectivity from the central transmission utility.” In a positive move for developers the Central Electricity Regulatory Commission (CREC) has put out new set of norms on inter-state transmission system (ISTS) for renewable […]

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Developers Seek Extension to Install Solar Plants on Government Buildings

The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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ReneSola Sells 40.13% Stake in Zhejiang ReneSola Investment for RMB 200 mn

Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Solar project developer and operator ReneSola has sold 40.13 percent stake of its Chinese subsidiary, Zhejiang ReneSola Investment Ltd, to an undisclosed investor for about RMB 200 mn in cash. Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Further, […]

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Anti-Dumping & Safeguard Duty: A Battle Still Remain to be Fought on the Ground

Inspite of, the Directorate General of Anti-Dumping (DGAD) has recently terminated the anti-dumping probe on import of solar cells and modules from China, Taiwan and Malaysia on the back of current petition withdrawn by the Indian Solar Manufacturers Association (ISMA) itself in March FY18. There’s still a journey of rocky road ahead to be travelled […]

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SA Signs Renewable Energy Deals with IPP

The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […]

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Chint Solar Inaugurates New 15.5 MW Solar Park in Netherlands

The solar park, which will, during its operational lifetime, offset more than 240 kilotons of CO2, will produce enough energy every year to power 5,900 homes. Chint Solar officially inaugurates a new 15.5 MW solar park in the municipality of Veendam, Province of Groningen, Netherlands. The project, which was the largest solar PV project connected […]

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U.S. Solar Market Adds 10.6 GW of PV in 2017

While overall growth was down from the 15 GW installed in 2016, last year’s capacity addition still represents 40% growth over 2015’s installation total. In 2017, the U.S. solar market expanded, adding double-digit gigawatt solar photovoltaic (PV) additions for the second year in a row. According to the recently released U.S. Solar Market Insight Report […]

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Is Trump’s Tariff a Big Deal For Solar Industry ?

The safeguard tariff on imported solar modules and cells issued by US administration begins at 30 percent in the first year, declines to 25 percent in the second, 20 percent in the third and ends at 15 percent in the fourth. Since US President Donald Trump made the announcement to impose 30 percent tariffs on […]

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