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New Energy Solar to Buy 87 MW Beryl Project from First Solar

Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […]

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SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment

Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […]

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Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme

If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […]

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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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Madhya Pradesh CM Inaugurated NTPC’s Rs 1,500 Crore Solar Power Plant

The solar power project was commissioned in June 2017 and generated electricity is being supplied for consumption in Madhya Pradesh, the sole beneficiary. In the area of Suwasra in district Mandsaur of Madhya Pradesh, Chief Minister Shivraj Singh Chauhan inaugurated NTPC’s 250 MW solar plant for the state consumers. The total investment for setting up the […]

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Indian Embassy in China Hold Seminar on Indian Solar Sector

More than 150 delegates from more than 110 Chinese companies, financial institutions and banks participated in the seminar on Indian solar sector. To gauge the business opportunities in the solar sector more than 110 Chinese companies attended a seminar in China. The seminar was also aimed at wooing Chinese manufacturers to invest in India. The […]

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Viz-A-Viz with Sachin Jain, Co-Founder & CEO Oriano Solar

Q. How do you see Indian rooftop market emerging? The Indian rooftop market has a huge potential. Currently, the C&I rooftop segment is adopting it through Capex or Opex model. Going forward, we see huge growth in the residential / household market as well. Q. What challenges do you think Indian rooftop solar faces currently? […]

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Adani Solar Recognized Globally for its Durability and Reliability

Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […]

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Manufacturing to Become a Key Element for Solar Power Projects, says Govt.

So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […]

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