This Week’s Solar News Wrap Includes: BCD on Solar Modules and Cells, Modi Dedicate 709 MW solar project in Tamil Nadu, RenewSys crosses 1 GW landmark ,Sungrow expands manufacturing, REC Solar is now greener , Essar Power to set up 90 MW solar plant in MP and more
Government likely to impose basic custom duty on solar modules and cells next week
If reports are to be believed, then the Centre is gearing up to impose a basic customs duty on imported solar modules and cells likely next week. Business Line citing top official from the Ministry for New and Renewable Energy reports that, the Department of Revenue has informally given their nod.
PM Modi dedicated 709 MW Solar Power Project and lays foundation Stone for Solar Projects in Tamil Nadu
Prime Minister, Narendra Modi dedicated to the nation the 709 MW Solar Power Project of NLCIL. He also laid the foundation stone for design, supply, installation and commissioning of a 5MW grid connected ground based solar power plant at V.O.Chidambaranar Port and for the extension, renovation and modernisation of Lower Bhavani Project System in Tamil Nadu.
Nitin Gadkari invites MSMEs to avail concessional debt finance to install rooftop solar for business efficiency
Union minister Nitin Gadkari has invited MSMEs to avail concessional debt finance to install rooftop solar for business efficiency. The Minister for Micro, Small and Medium Enterprises and Road Transport and Highways said rooftop solar offers an excellent value proposition to MSMEs by significantly bringing down cost of electricity consumption, which on an average, is up to one-fifth of their operations cost.
RenewSys announces achieving 1GW of module shipment
RenewSys, an integrated manufacturer of solar PV modules and components, has announced that this has achieved a new milestone of over’1 GW of PV Modules Shipment’. However, the company did not reveal details of the shipment.
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan
Chinese inverter maker Sungrow has announced the expansion of local manufacturing capacity to 10 GW per annum, making it the largest manufacturing base in Indian solar sector, so far.
Essar Power to set up 90 MW solar plant in Madhya Pradesh for Rs 300 crore
Essar Power Limited will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore, said CEO Kush Singh. The entry into the renewable segment is part of a strategic decision to rebalance the power portfolio.
BSES discoms install over 3,000 rooftop solar net metering connections
BSES discoms have installed over 3,000 rooftop solar net metering connections with a connected solar load of 106 Megawatt peak. The company in a statement said that in the next financial year BSES discoms are aiming to install over 1,000 rooftop solar connections.
Several nations have joined the International Solar Alliance started by India said PM Modi
India’s contribution in the global fight against climate change, Prime Minister Narendra Modi recently said that many countries in the world have joined the International Solar Alliance initiative started by the country.
India added 3.2 GW solar capacity in 2020, lowest in 5 years says Mercom India Research in a report
India added 3,239 megawatt solar capacity in 2020, down 56 per cent from the previous year, according to a report. The adding of 3,239 megawatt of solar capacity was the lowest addition in five-years-time, Mercom India Research said in its report.
REC Solar received certification for EPDs for silicon and multicrystalline blocks in solar cells
REC Solar Norway, a subsidiary of REC Group has announced that EPD Norway has approved and published Environmental Product Declarations for solar grade silicon and for multicrystalline silicon blocks made by REC.