The Solar Energy Corporation of India (SECI) has cancelled 950MW worth of solar tenders as the extreme dive in solar tariffs across India continues to impact tenders, but it is expected to retender this capacity.
India is now considering imposing safeguard duties on the import of solar cells and modules from China and certain other countries, while it continues contemplating imposing anti-dumping measures.
The Karnataka Renewable Energy Development Agency (KREDL) has issued a request for selection (RfS) for the EPC of a 200MW(AC) solar plant, along with 10 years of O&M, at the Pavagada Ultra Mega Solar Park.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of this year than the same period in 2016.
Imported inverters could even be subject to an extra International GST tax, while an MNRE official told Mercom that there would be a 5% increase in solar project costs.
India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.
Indian power firm Hindustan Power has acquired fifteen ready-to-build solar projects in Japan totalling 150MW capacity, with plans to enter Bangladesh by developing four 25MW solar projects at Trishal.