Falling solar equipment prices, bulk module orders, and an expansion in domestic solar manufacturing capacity are driving a solar boom in India. The government can add further impetus if it tweaks domestic content rules.
The European Parliament’s Internal Market and International Trade committees have approved and amended a proposal to create a global list of regions and industries with a high risk of forced labor.
Bangladesh has implemented a new rule stating that new buildings with rooftop spaces exceeding 92.2 square meters must install net-metered solar power systems as a prerequisite for grid connection.
After years of debate, the Indian government made domestic manufacturing a central feature of renewables policy in 2021. The pivot came as the government sought economic growth and self-sufficiency following a border conflict with China. Vinay Rustagi, managing director of Bridge to India, says that trade barriers, subsidies, lower taxes, and demand growth have created the perfect recipe for expansion.
Regions across India are carving their green legacy with distinct contributions to the solar and wind energy landscape.
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
The European Solar Manufacturing Council (ESMC) is urging the European Union to adopt legislation against forced labor in the PV industry, by explicitly calling for measures to prevent solar products produced with forced labor from entering the European market.
Currently, India has 28 GW of solar PV module manufacturing capacity and 6 GW of cell capacity, said Bhupinder Singh Bhalla, secretary, Ministry of New & Renewable Energy (MNRE).
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.
India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.
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