Memo to the EU: ‘India is the largest clean energy market in the world that will operate on market-friendly principles’
The second day of REI in Greater Noida continues to attract large numbers of delegates, with the exhibition halls crowded, and conferences well attended. During an EU-Indian session this morning, India’s CEEW boldly stated that India is the largest clean energy market in the world, which will operate on market-friendly principles. Overall, CEO, Arunabha Ghosh outlined four basic vows needed for the Indian renewables market to grow; and said decarbonzation of the industrial sector should be the next big focus for renewables.
Vikram Solar completes 1.4 MW solar rooftop project
The Indian module manufacturer and EPC contractor has commissioned a 1.46 MW rooftop solar PV installation for Century Plyboards (India) Limited.
REI 2018 opens its doors with a bang
The 12th Renewable Energy India (REI) Expo opened its doors today; the booming music and bright sunshine mirroring India’s ambitious goals to become the biggest RE market in the world. In the opening conference, the government’s commitment to renewables was underlined, while BNEF said the country will have one of the highest penetrations of solar and wind, globally, by 2050. Companies are also starting to look to India for manufacturing opportunities, although the landscape is still filled with uncertainty.
Top 3 developers commissioned one-fourth of utility-scale PV projects
Of the total 9,538 MW of solar capacity commissioned between October 2017 and September 2018, Adani bagged the lion’s share at 11%, followed by Acme (7.5%) and Renew Power (7.3%), finds Bridge to India. The analyst company also tracks tariff trends between 2016 and now.
Phelan closes financing for 50 MW Bhadla solar park
South Africa’s Phelan Energy Group has reached financial close on its 50 MW solar PV project, located in Rajasthan. It is set to be online by October.
Interview: GoodWe talks IPOs, policy changes and tripling production capacity
In an interview with pv magazine, vice president of GoodWe, Ron Shen, talks about the company’s plans for Germany, Spain, Africa and India, in addition to its goal to triple production capacity to 15 GW in China. He also discusses the effect of China’s 31/5 policy change, and plans for an initial public offering (IPO).
India’s solar energy capacity is growing
India’s electricity sector is transforming rapidly. A 50% decline in wind and solar tariffs since 2016 means renewable energy is now the lowest cost source of new generation. This has turned the established order in India on its head.
Growing awareness of quality, but still a need for more
There is no doubting the tough environmental challenges facing PV modules and systems among the varied climactic conditions of India. These conditions have created earlier failures than seen in mature solar markets, with less diverse temperature fluctuations, such as Europe. DuPont’s Rajaram Pai says awareness of this is growing, however more needs to be done.
Fresh blow for PV with 18% GST rate
The decision to tax the ‘service’ provided to solar developers at the full rate comes days after the Supreme Court upheld the federal government’s imposition of a 25% safeguarding duty on Chinese and Malaysian panels.
Trina Solar launches India’s first PV residential kit
Chinese PV manufacturer, Trina Solar today launched its TrinaHome product in New Delhi. It is India’s first solar residential home kit. While it is currently imported from China, the goal is to assemble it locally, in the coming months.
