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HomeTag: solar power

Price volatility after import duty: Solar developers step up module purchases from China

India’s domestic manufacturing capacity is around 20 GW and with an annual demand of over 30 GW. Indian solar developers have advanced their module purchases from China for projects scheduled up to December quarter of 2022 to ward off the threat of price volatility expected after basic customs duty (BCD) kicks in on April 1. …

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Bucket list for solar PLI scheme in two months: MNRE official

Finance minister Nirmala Sitharaman on February 1 announced the allocation of an additional Rs 19,500 crore under the scheme. The pending list of 15 solar manufacturers who participated in the initial bidding for production linked incentives (PLI) scheme for solar, is expected to be cleared in the next two months’ time, a senior official told …

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Global funds invest in Acme Solar’s 250 MW project in Rajasthan

“UNOPS is proud to support India’s climate targets and all of the partners in this landmark renewable energy project,” Grete Faremo, UN under-secretary-general and UNOPS executive director, said. Acme Solar on Thursday said it has signed an agreement with Danish investment firm IFU and United Nations’ operational arm UNOPS S3i for developing 250 megawatt (MW) …

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From RPOs to PDOs: Time to think of Power Decarbonisation Obligations for discoms

Against this backdrop, this article explores options for India’s march towards decarbonisation of the power sector. By V Subramanian & Srinivas Krishnaswamy The Paris agreement aims to keep the increase in global average temperature to well below 2oC above pre- industrial levels, and further limit the increase to 1.5oC, to reduce risks and impact of …

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