Search

Home » 2017 » July (page 3)

Monthly Archives: July 2017

Wind capacity addition to fall to 1.5 GW in FY18: India Ratings

According to reports, unwillingness on the part of state discoms to sign long-term purchase agreements at the higher feed in tariffs is likely to affect wind power generation as only 1,000-1,500 MW of capacity is likely to be added in this financial year, India Ratings (Ind-Ra) said today. According to the rating agency, there could be a substantial dip in capacity addition in FY18 to 1000-1,500 MW from about 5,400 MW in FY17. “This will be because of the unwillingness of ... Read More »

Buy abroad diktat doesn’t worry India’s solar sector

According to reports, India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body (DSB) of the World Trade Organisation (WTO). DSB adjudicates on trade disputes between national governments. “The United States and India have agreed that the reasonable period of time for India to implement the recommendations and rulings of the DSB in ... Read More »

In two years solar energy for residential sector would be cheaper than electricity grid: Solar players

According to reports, In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which on Monday successfully implemented the first two phases of a 100 MW solar project in South East Asia. Stating that while the solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, soon this would be achieved in residential sector as well. The grid parity happens when the cost ... Read More »

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 »

Scroll To Top