China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW, its solar manufacturing association said on Thursday. China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years, said Wang Bohua, vice-chairman of […]
A shortage of solar glass which is already crimping China’s solar panel output is expected to persist through the first half of 2021, with large format glass in short supply for longer, panel makers and analysts say. Driven by growing preference for bifacial modules – which produce power from both sides of the panel – […]
JA Solar’s ultimate owner and chairman Jin Baofang detained. He has been detained by local government officials in Pingdu City, China. JA Solar said the Pingdu Supervisory Committee had detained its chairman and was under investigation according to the Supervision Law of the People’s Republic of China. The company said it has no knowledge of […]
Recent commencement of Change in Law payments by state power distribution companies (discoms) and Solar Energy Corporation of India (SECI) for Goods and Services Tax (GST) to solar power projects, comes as a shot in the arm for the sector. Together with safeguard duty (SFD) reimbursements, which also qualify under ‘Change in Law’, the payments will […]
The Covid-19 pandemic has dealt a severe blow to India’s solar equipment imports from China, even before various government initiatives to check imports and boost domestic manufacturing set in. As per Commerce Ministry data, Indian imports declined by 83 per cent in the April-June quarter of current fiscal, totalling $69 million (Rs 515 crore) as […]
Following curbs on import concessions in the solar energy sector, the government may levy higher taxes on wind turbine components and generators to encourage use of local equipment and give a boost to domestic manufacturing. Government sources said that the tax concessions available to the wind power sector for sourcing certain equipment required for making […]
Amid the India, China standoff the Ministry of New and Renewable Energy is planning to set up World Solar Bank, and launch a major funding initiative in a bid to strengthen international solar diplomacy. The ministry will soon propose the government to set up the World Solar Bank. The intention behind setting up this unique […]
The Director General of Trade Remedies (DGTR) in the commerce ministry has favoured continued imposition of safeguard duty on imports of solar cells, whether or not assembled in modules or panels. The DGTR’s recommendation will now go to the finance ministry that may finally decide and notify the quantum and period of the duty. In […]
Recent border conflict between India and China in the Ladakh region is now setting the ground for a first set of restrictions that India proposes to impose on imports from the Asian giant. Sources said that efforts were on at the official level to explore ways of denying Chinese firms from participating in the bids […]
Music to the ears of solar power producers setting up their projects using Chinese equipment, government proposes to exempt those having power purchase agreements (PPAs) with procuring states from the steeper customs duty levy. Sources in the power ministry said that all solar power projects having valid PPAs as on August 1, 2020 will escape […]
