Power regulator told to pass on changes in duties to consumers
A time-bound process would eliminate financial uncertainties for stakeholders – be it developers, lenders or the DISCOMs. It is a particularly big relief to solar PV power developers seeking pass-through for the impact of goods and services tax (GST) on project costs.
India’s solar dreams need storage push – IESA
With a rapid reduction in costs, solar plus storage can be an effective alternative for customers buying peak power from the grid. At the same time, utilities can avoid investments in peak capacity or eliminate load shedding by utilizing these resources.
MNRE timetable tries to get solar authorities into line
The government department has allocated various months for enabling organisations to hold their tendering and bidding processes, but critics have pointed out states are free to formulate their own plans.
Funding the key obstacle to renewables in Asia
Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.
SECI issues 250 MW tender for Maharashtra solar park
Bidders can apply for the whole capacity or 50 MW sections, and the maximum payable tariff for the energy generated cannot exceed Rs2.93/kWh. The electricity generated will be sold to the state power company.
Uttar Pradesh, Haryana will lead open access solar by 2022
States such as Karnataka and Madhya Pradesh, which previously took the lead in terms of installed solar capacity, are likely to take a back seat on this issue, due to the rollback of incentives.
Will the falling rupee scupper India’s solar dream?
The currency is reaching new lows. As concerns about Turkey’s economic woes persisted last week, the rupee hit a record low of 70.32 to the dollar, having breached the historic 70 mark earlier in the week.
Almost 60 GW of new solar by 2023
A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.
Solar Imports: India defers safeguard duty, provides relief to ongoing projects
Even though postponing the duty on solar cell imports from China and Malaysia is not a long-term resolution, it will offer relief to developers with ongoing PV projects, especially for those with shipments in transit or which arrived after 30 July.
Sungevity pursues plans to build 100 MW site in Mizoram
The solar company has handed in detailed project reports for a planned 100 MW PV plant in Mizoram. The state introduced an incentive scheme last year, and held an investors summit in April of this year. According to company information, the project arose from the summit held in April.
