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Daily Archives: July 24, 2017

India Initiates Dumping Probe Into Chinese Solar Imports

According to reports, India opened a probe into whether Chinese solar-equipment makers are hurting its domestic industry by dumping inventories and driving down prices to unfair levels. “A causal link between the said dumping and injury exists to justify an initiation of an anti-dumping investigation,” according to a notification published on the website of the Directorate General of Anti-Dumping and Allied Duties. The probe will also include solar cells originating in or shipped from Taiwan and Malaysia. Indian officials are the latest ... Read More »

Australia joins International Solar Alliance led by India and France

According to reports, Australia became the 35th country on Wednesday to join the International Solar Alliance, an initiative launched by Prime Minister Narendra Modi in November 2015 in Paris. It is co-led by India and France. The platform brings together countries that are keen to massively ramp up their solar power production. “The sun is the source of all energy. The world must turn to solar, the power of our future,” Modi said at the launch during the 21st Conference ... Read More »

German firm Covestro warms up to micro cold room market in India

According to reports, German company Covestro, which makes materials that go into the setting up of cold storage facilities, expects to help build 800 solar-powered, micro cold rooms in Telangana over the next two years. Covestro, formerly part of Bayer Material Sciences, produces polyurethanes, which prevent heat from getting into cold rooms. It also makes proprietary ‘phase changing material’ (PCM) that act like batteries, absorbing heat first (say, from solar energy during daytime) and then providing cooling when required (during nights). ... Read More »

India’s blue sky pledge gives power to country’s green bonds

According to reports, green bonds issued by Indian companies are gathering pace as the country’s ambitious target for renewable energy fuels interest from investors. Renewable energy developer Greenko Energy Holdings raised US$1 billion earlier this week, making it the largest corporate green bond issuer in Asia, Bloomberg data shows. It beat MTR Corp’s US$600 million issue in November. Green bonds from India are likely to increase as renewable capacity expands and the market gets bigger, according to Ashish Sethia, head of research and analysis for ... Read More »

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