Court clears solar imports from customs without paying safeguard duty
As per the court order, Shapoorji Pallonji can retrieve its solar PV panel consignment at Chennai port, which has been cleared by customs, provided it pays the safeguard duty in case the related notification is upheld.
Court to hear Vikram Solar’s safeguard duty petition next week
The Government of India will also consider changes to the 25% safeguard duty imposed on solar cell imports from China and Malaysia only after the next hearing in the Odisha High Court, which stayed the levy.
PV demand, changing auctions and price declines – GTM lays out its latest predictions
An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.
Acme Solar to quit projects if safeguard duty not passed on to utilities
As of July, Acme Solar had about 2.8 GW solar projects at different stages of development across India. Recently, it won another 600 MW of SECI’s 3 GW interstate transmission system (ISTS) tender, at a tariff of INR 2.44/unit (USD 0.036/unit).
Safeguard duty fallout: NTPC and MPUVNL delay solar auctions
Responding to developer requests, the state-run NTPC has deferred a 2 GW solar auction by a week, to Tuesday. Madhya Pradesh Urja Vikas Nigam Ltd is another state-owned corporation that has extended its bid submission deadline – for 33 MWp of rooftop solar – from August 9 to August 17, after similar requests.
Few winners as India imposes 25% safeguard duty, says IHS Markit
The tariff means PV projects will pause as developers adjust procurement strategies and new tenders risk delays or cancellation. The two-year limit on the duty will not be long enough to prompt more cell manufacturing capacity and as for imports, there are doubts over how the origin of cells will be adjudicated so that Chinese and Malaysian cells are subject to the charge, say analysts.
India well on track for 100 GW target, claims minister
Narendra Modi’s Minister for New and Renewable Energy has waved aside complaints about safeguarding duties by telling India’s upper house the nation’s ambitious four-year solar target is ‘comfortably’ within reach.
Gujarat leads in approved solar park capacity
With an approved solar park capacity of 6,200 MW, Gujarat tops the list of solar parks approved under the Solar Park Scheme of India’s Ministry of New & Renewable Energy (MNRE).
SECI launches 750 MW Rajasthan tender
With a maximum fixed tariff of $0.0427/kWh under a 25-year PPA, the total capacity available is made up of 10 MW multiples and could potentially all go to one bidder.
33 MW rooftop tender a first for India
With more than 550 rooftops identified to save installation time and costs, the scheme will be divided into 27 project groups backed by the Madhya Pradesh and federal governments. PPA agreements are already in place.
