The Solar Energy Corporation of India has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expression of interest for setting up the solar manufacturing plant in India until January 29.
ReNew Power Ventures Pvt. Ltd has raised $ 352 million via Non-Convertible Debentures to repay loans.
The investments from Netherlands-based FMO and the U.S.’s OPIC will help to grow the company’s platform in India, which finances rooftop solar for SMEs. Orb Energy will also expand its Kenyan operations.
Adding another notch to India’s impressive solar growth, Delhi’s power utility company, BRPL has launched a solar city initiative to boost India’s solar PV rooftop sector.
India has proposed to impose safeguard duty at the rate of 70% for a period of 200 days on imported cells and modules coming from China PR and Malaysia.
India hit back on Monday at Washington’s latest legal assault on its solar power policies at the World Trade Organization, rejecting a US legal claim and exploring possible new protection of India’s own solar industry.
Gyanesh Chaudhary, General Secretary of All India Solar Industries Association, speaks to pv magazine ahead of an ongoing tax hearing regarding imported solar cells and modules. On behalf of AISIA, he recommended solutions that should be considered for the benefit of local manufacturers.
The All India Solar Industries Association (AISIA) says the proposed safeguard duty will be counterproductive for the solar industry, and has called for differential anti-dumping duties for specific countries to be imposed, including China.
According to reports, India is planning to impose a 7.5% tax on imported solar PV modules.
The International Solar Alliance (ISA) has issued a request for proposals for solar PV rooftop demonstration projects in member countries under its Renewable Energy Service Company (RESCO) model. The aim is to promote solar among ISA member countries.
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