Interview: Safeguard duty will not derail any projects
Indian Solar Manufacturing Association (ISMA) General Secretary, HR Gupta speaks to pv magazine about the petition filed by ISMA for safeguarding the domestic manufacturing sector. Gupta seeks to alleviate doubts regarding the safeguard duty and justifies the upcoming tariff by stressing that no derailment of projects will happen.
WFES: ISA signs letters of intent for $5bn financing, MNRE announces $350 million for solar
This week’s World Future Energy Summit (WFES) saw a letter of intent inked at the International Solar Alliance’s (ISA’s) pavilion to secure financing of up to US$5 billion with India’s YES Bank by 2030. MNRE head, R.K. Singh also announced a $350 million solar development fund by the Indian Government for solar projects.
Subsidies alone will not scale-up solar pumps, says CEEW
India’s Council on Energy, Environment, and Water (CEEW), which is actively working with the Indian government to update the country’s solar target, says increasing solar pump installations in India requires more than just subsidies.
MNRE clarifies solar domestic content requirement on back of India-US argument
Clarification on India’s solar domestic content requirement (DCR) under the country’s National Solar Mission has been made by the Ministry of New and Renewable Energy (MNRE), after the U.S. again dragged India to the World Trade Organization (WTO) for non-compliance.
Husk Power Systems receives $20m investment from Shell, Swedfund and ENGIE
To scale up its mini grids business in Asia and Africa, Indian energy startup Husk Power systems has received sizeable financial backing from international investors.
Support grows for India in WTO tiff with US
The European Union as well as Brazil, China and Japan indicate their support for India in the WTO dispute against the U.S. Consensus appears to be that trade retaliatory measures are unjustified. The DSB chair concluded by noting the matter has been referred to arbitration in line.
Maharashtra’s Mahaparivartan to purchase 1 GW of solar power in 2018
The power transmission company of the state is planning to purchase 1 GW of solar power this year.
Summary: Central subsidies for solar PV
The Indian government has introduced a number of subsidies under various categories of solar projects, from big PV parks to small rooftop and off-grid installations, in order to achieve its 100 GW solar target by 2022. The current status of the subsidies are summarized below.
Azure Power commissions 100 MW NTPC project in Telengana
Azure Power, one of India’s leading independent solar power producers, has commissioned a 100 MW NTPC solar power plant in Telangana.
Maharashtra planning floating solar plant on Irai dam
The Indian state of Maharashtra is considering a floating solar application and is conducting a feasibility study to install solar panels on the Irai dam, located in the Chandrapur region of Maharashtra.
