Category Archives: India

Blocked Suez Canal raises new threat to global supply chains

CAIRO — The fallout from one of the world’s largest container ships getting stuck in the Suez Canal has disturbed commodity markets and threatened to damage an already distressed global supply chain.The Ever Given, the 400-meter container ship operated by … Continue reading

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India to levy basic customs duty on solar modules and cells from April next year

India will introduce a 40% basic customs duty (BCD) on solar modules as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.A 25% duty will also be introduced on solar cells from the … Continue reading

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Capturing the Renewable Energy Shift

As the impacts of climate change and the importance of decarbonization have started to become clear, it’s hard to ignore the ongoing shift towards embracing renewables.Today, the renewables energy market has already become the energy industry’s biggest driver of growth, … Continue reading

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Punjab govt wants to renegotiate solar power tariffs

The state cited fall in prices of solar panels as well as lower borrowing costs and corporate taxes behind the step. Punjab is the latest state to seek a revision of its solar power tariffs with chief minister Amarinder Singh’s government calling … Continue reading

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India’s ReNew Power to list on Nasdaq following US$8bn deal with US SPAC

Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion.India-based ReNew said the transaction … Continue reading

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A brighter future for the booming solar sector

Solar power firm Constant Energy is rapidly expanding in Thailand and throughout the region using a business-to-business model The solar business in Thailand is booming, as the government prepares to hit its Paris Climate Accords target of 30% renewable by … Continue reading

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Governments across Southeast Asia accelerate renewable energy investment to revive the pandemic-hit economies

In the pre Covid-19 world, energy transition was already at the forefront of the minds of policymakers and investors in the Association of Southeast Asian Nations (ASEAN). Renewable energy infrastructure investment in the region had been strong, reflecting government efforts … Continue reading

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#SFIEurope: Industry fears Portugal’s ultra-low PV tariff approach will spread

Replicating Portugal’s solar auction design elsewhere in Europe could entrench a system that has produced prices developers “cannot survive on”, Solar Media’s Solar Finance & Investment Europe conference has heard.Held in London this week, the trade show laid bare the unease … Continue reading

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INDIAN POWER SECTOR – ELECTRICITY DISTRIBUTION

Distribution sector reforms imminent with rising discom debt and dues to gencos PERFORMANCE OF STATE DISTRIBUTION UTILITIES REMAINS WEAK DESPITE THE VARIOUS BAILOUT SCHEMES OVER THE PAST TWO DECADES The electricity distribution segment remains the weakest link in the power … Continue reading

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The Impact of the 10kW Net Metering Limit on India’s Rooftop Solar Market

Introduction The Indian rooftop solar market grew from a mere 623 megawatts (MW) in 2015 to about 5.9 gigawatts (GW) by June 2020.1 However, there is a shortfall of about 34GW which needs to be fulfilled in the next two years … Continue reading

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