Category Archives: News

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

Posted in Cells & Modules, China, Government, India, News, PV, Renewables, Solar, Solar PV | Tagged , , , , , , | Leave a comment

COVID-19 ‘hurting but not halting’ renewables as IEA revises forecasts

The International Energy Agency (IEA) expects renewables deployment to rebound next year, with the ongoing COVID-19 pandemic said to be “hurting, but not halting” growth.In a revision to forecasts made in October 2019, the IEA now expects total renewables deployment … Continue reading

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New electricity consumer Rules: Reading the impact on ‘rooftop solar’ right

Solar power isn’t just good for the environment, many consumers find it good for their pocket as well. It is the cheapest new-build for electricity in India. Forty percent of India’s ambitious 100 GW solar power target for 2022 is … Continue reading

Posted in Cells & Modules, Grid Storage, India, News, Policy, Power Generation, PV, Reports, Solar, Solar Policy, Solar PV | Tagged , , , , , , , , , , | Leave a comment

Basic customs duty on solar modules and cells likely next week

The Centre is likely to impose a basic customs duty on imported solar modules and cells next week. “The Department of Revenue has informally given their nod,” a top official from the Ministry for New & Renewable told BusinessLine. MNRE had … Continue reading

Posted in Cells & Modules, Department of Financial Services, News, Policy, Renewables, Solar, Solar Policy | Tagged , , , , , , , | Leave a comment

CRISIL Yearbook Indian debt market 2021

Overall supply of corporate bonds could double to Rs 65-70 lakh crore Over the next five fiscals, corporate bond issuances outstanding could more than double from ~Rs 33 lakh crore or 16% of gross domestic prod- uct (GDP) at the end … Continue reading

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Solar PV Report – IEA – Renewables 2020Analysis and forecast to 2025

Solar PV Global solar PV capacity additions are expected to reach nearly 107 GW in 2020 in the main case, representing stable growth from 2019 (this forecast has been revised up by 18% from the market report update published in May). … Continue reading

Posted in Africa, China, Grid Interactive Distributed Solar Energy Systems, India, News, Off-grid, Renewables, Solar, Solar PV | Tagged , , , , , , , , , | Leave a comment

Corporate Renewable PPAs in India:Market & Policy Update January 2021

More and more companies are procuring renewable power for their operations to help manage their electricity costs while contributing to corporate carbon emissions reduction targets. In India, the main drivers for many companies to do so are rising electricity tariffs … Continue reading

Posted in Coal, Electric and Hybrid Vehicles, Finance, India, News, Policy, Power Generation, PV, Renewables, Solar, Solar Policy, Solar PV | Tagged , , , , , , , , , , , , | Leave a comment

Renewable energy auctions in Japan: Context, design and results

The deployment of renewable energy in Japan has been driven by plans to diversify the electricity mix, achieve environmental and socio-economic goals, and increase energy security. In addition, events at the nuclear power plant in Fukushima following the 2011 earthquake … Continue reading

Posted in Electric and Hybrid Vehicles, Energy Storage, Global Warming, Hydro, News, Nuclear, Power Generation, Renewable Energy Certificates, Renewables, Solar, Solar PV, Storage | Tagged , , , , , , , , , , | Leave a comment

Fresh blow for Indian PV with 18% GST rate verdict

The decision to tax the ‘service’ provided to solar developers at the full rate comes days after India’s Supreme Court upheld the federal government’s imposition of a 25% safeguarding duty on Chinese and Malaysian panels. Hot on the heels of … Continue reading

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The best and worst countries in the world when it comes to air pollution and electricity use

China steals an unsavory global spotlight for the thick, noxious smog that often chokes its mega-cities. Air pollution has become so bad in Beijing, for example, that Chinese officials aim to slash its local coal consumption by 30% in 2017. … Continue reading

Posted in China, Climate Change, Coal, Forestry, Fossil Fuel, Germany, Global Warming, Greenhouse Gases, India, Low Carbon Emission, MNRE, News, Pollution, Power Generation, Renewables, Solar, USA, Waste To Energy, Wind | Tagged , , , , , , , , , , , , , | 1 Comment