Page 19 - Solar Energy

India's coal-dominated power market is tilting toward solar

NTPC's move also raises questions about the future of the nation's coal fleet

RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors

Australia rejects $36 billion wind, solar, hydrogen project due to impact

The decision left what would have been one of the world's largest green energy projects in limbo for now

Exim Bank extends $100 million worth of line of credit to Sri Lanka

This is for financing projects in the solar energy sector.

'Very interested' in energy partnership with India: US energy secretary

The Biden administration is "very interested" in continuing to ensure that the US has a strong energy partnership with India, Energy Secretary Jennifer M Granholm has said

Global supply chain squeeze, soaring costs threaten solar energy boom

The situation suggests slower growth for the zero-emissions solar energy industry at a time world governments are trying to ramp up their efforts to fight climate change

ACME Solar to sell 50% stake in 900 Mw solar plant to Norway's Scatec

Scatec enters in partnership, ACME had quoted record low tariff of Rs 2.44 a unit for the project

Group behind SolarWinds hack now targetting govt agencies, NGOs: Microsoft

The group behind the SolarWinds cyber attack identified late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp said

India is showing developing countries how to quickly transition to solar

The rise of ReNew came as India was wrestling with myriad problems: widespread corruption, a frustrating bureaucracy, and the high cost of capital

Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw

Deal value not revealed; The 17 acquired projects supply 13 leading industrial, commercial, and institutional customers

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

Cabinet okays Solar Manufacturing Scheme for 10,000 Mw capacity under PLI

Under PLI, Cabinet in Nov 2020 had okayed Rs 4,500 cr for manufacturing High Efficiency Solar PV Modules. MNRE later proposed a 'National Programme on High efficiency solar PV modules' for the same

Cabinet clears Rs 4,500-cr PLI scheme for solar PV modules manufacturing

The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme with an outlay of Rs 4,500 crore to add 10,000 MW capacity of integrated solar PV modules manufacturing plants

Capacity building at appropriate time is important, says ISA's Ajay Mathur

International Solar Alliance (ISA): We don't want to land in the same situation as that of fossil fuels when it comes to waste, said Mathur

Bharti Airtel picks up stake in Avaada's solar company

Stake acquired under group captive arrangement, to source 21 MW

BHEL to start end-to-end solar equipment manufacturing, seeks consultants

India has no such manufacturer yet, Atmanirbhar Bharat scheme encourages state-owned company to fill in gap.

Solar tariff could rise up to 40-45p per unit over customs duty change

The tariffs for solar power could increase between 25-45 paise per unit (kWh) due to Basic Customs Duty (BCD) on imported solar cells and modules

Customs duty on imported solar cells likely to hike power bill by 20%

There is a 14.5-per cent safeguard duty on imported solar gears from China and Malaysia.

Adani Green Energy's Kamuthi solar plant becomes water positive

Adani Green Energy Limited (AGEL) on Thursday said its Kamuthi solar plant in Tamil Nadu has become water positive

Finance ministry agrees to customs duty proposal on solar modules: MNRE

The Ministry of New & Renewable Energy (MNRE) has said that the finance ministry has agreed to its proposal to impose basic custom duty (BCD) of 40 per cent on solar modules and 20 per cent on solar cells from April 1, 2022. An office memorandum of the MNRE said the proposal "to impose BCD on solar cells and modules (without grandfathering of bid out projects) has been agreed to by the Ministry of Finance". According to the memorandum, the rate of BCD would be zero on solar modules as well as cells till March 31, 2022 and from April 1, 2022, the rate of BCD would be 40 per cent and 20 per cent, respectively. The ministry has directed to inform all RE (renewable energy) implementing agencies and other stakeholders to take note of the duty rates and to include provisions in their bid documents, so that bidders take these into account while quoting tariffs, in all bids where the last date of bid submission is subsequent to (issue of) this memorandum. It also stated that in all such