Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about his recent participation in the International Solar Alliance founding ceremony held on March 11, 2018. He mentioned that in ISA member countries, correct energy policies, and risks in the investment are critical and need to be addressed.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
In a recent auction of 500 MW solar PV in the state of Gujarat, solar tariffs have increased to INR 2.98 ($0.046)/kWh, as quoted by state-owned Gujarat State Electricity Corporation (GSEC) Ltd. The reason for the increased tariff rate is cited as pertaining to the uncertainties created by upcoming duties.
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim a larger share of bulk and dispatchable generation while adding vital flexibility to the global energy mix.
Dhruv Sharma, Governing Council Member, Indian Solar Manufacturers Association (ISMA) told pv magazine about the recent anti-dumping petition withdrawal. He mentioned that ISMA is, however, anticipating safeguard petition completion that aims to protect domestic manufacturing.
On the request of the Indian Solar Manufacturers Association (ISMA), the Directorate-General of Anti-Dumping & Allied Duties have terminated the ongoing petition into imported solar cells. Dharmendra Kumar, an analyst at IHS Markit, told pv magazine that ISMA will re-file this petition in April.
India should strengthen its power grids and put an emphasis on a clear policy framework to bring down the cost of capital investments, Adnan Amin, Director General of the International Renewable Energy Agency said, as the nation aims for ambitious renewable energy targets of 175 GW by 2022.
At signing event of the ISA, MNRE head, RK Singh emphasized need for solar industry to set up energy infrastructure in other ISA member countries.
The Delhi government run by the Aam Aadmi Party has completed three years in the governance, and yesterday announced its budget for the financial year 2018-19. The government has announced India’s first ‘Green Budget’ – it has a 26 point program. With the green budget it is estimated that around 2.1 million tons of CO2 emissions will be reduced.
Adani Solar is the fourth Indian solar PV panel manufacturing company to bagged the renowned tier-1 rating from BNEF. It gives a fresh impetus to India’s solar energy sector. Currently, the company has 1.5 GW solar module and cell manufacturing capacity.
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