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JA solar exports 1,000 MW solar modules to India

JA Solar, a leading Chinese company has exported solar modules with a total capacity of 1,000 MW to India. The company is into manufacturing of silicone wafers, cells and modules used in solar PV systems. The company said that by the end of 2017, its production capacity is expected to reach 3 GW, 7 GW and 6 GW respectively, as mentioned on a national news portal. For the last two years, the company is striving to establish its footprint in ... Read More »

Govt to give customs, excise duty benefits to boost solar rooftop sector

According to reports, in a boost to India’s lagging solar rooftop sector, the Union ministry of new and renewable energy (MNRE) has decided to give custom and excise duty benefits to it for ensuring high growth. The move will not only bring down the costs of setting up projects but also that of generation. Solar power developers setting up grid-connected solar PV (photovoltaic) projects have been seeking “grant of duty benefits” (custom and excise duty) from the MNRE for installation ... Read More »

Solar targets: High time government takes cognizance of huge potential of BIPV

According to reports, BUILDING INTEGRATED photovoltaic has a much wider application than rooftop solar alone. The government has set up an ambitious target to develop 175 GW renewable energy by 2022, comprising of 100 GW Solar, 60 GW wind and 10 GW biomass and 5 GW small hydro.Of the total 100 GW solar installations,40 GW would be rooftop and balance 60 GWwould be ground-mounted utility scale. The draft NEP (National Electricity Plan) envisages another 1,00,000 MW of renewable energy during 2022-27. ... Read More »

MP signs 750MW Rewa solar project deal

According to reports, in a major boost for clean energy, the Madhya Pradesh government has signed an agreement for its 750 MW Rewa Ultra Mega Solar Limited (RUMSL) project, the International Finance Corporation (IFC) said on Monday. The project, which is expeccted to generate clean energy at a record low of Rs 3.30 per unit, will be functional by next year. The project will supply power to the Delhi Metro and Madhya Pradesh Power Management Company.  A World Bank constituent, ... Read More »

Dark side of solar success: It may kill thermal power, banks

According to reports, the latest solar power auction has yielded an electricity price of just Rs 3.15unit, down from Rs 5 two years ago. This seems competitive with coal-based thermal power. The government has raised its solar capacity target to 40GW by 2020 and 100GW by 2030, up from 12GW today. This promises to replace dirty coal-based power by cheap, renewable power. What’s not to like? Plenty. Solar power has many hidden subsidies. Its true cost is far higher than for ... Read More »

Three-layer safety mesh brings down Rewa solar power tariffs

According to reports, India’s solar power tariff saw a new dynamic with Rewa Ultra Mega Solar Ltd (RUMSL) getting a rate of ₹3.30 per unit raising questions on how this was achieved for the otherwise expensive green power. This was achieved by working through the contract in such a way that it becomes beneficial for all — developer, procurer and the consumer, said Bhanu Mehrotra, Global Sector Lead for PPP Advisory on Solar, International Finance Corporation. IFC is the lead ... Read More »

Delhi Metro to sign agreement for Rewa solar power tomorrow

According to reports,  Delhi Metro Railways Corporation and Madhya Pradesh Power Management Company will sign a power purchase agreements with Rewa Ultra Mega Solar Limited, the implementing agency for the “world’s largest single-site solar project”, here on Monday. The 750 MW solar park that will produce cheapest solar power has recently completed its first phase. Signing of power purchase agreement between the developers, MPPMCL (Madhya Pradesh Power Management Company Limited), DMRC (Delhi Metro Rail Corporation), RUMSL (Rewa Ultra Mega Solar ... Read More »

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