India’s government has increased basic customs duty (BCD) on solar inverters as part of efforts to bolster domestic manufacturing but has excluded modules from any changes.
The latest round-up of project news, including updates from VivoPower on its 39MWdc Molong Solar Farm, PNE USA on four acquisitions, SolarArise on its 75MW commission and EEW on a 260MW sale.
Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers.
Total has agreed to buy a 20% stake in Indian PV developer Adani Green Energy, as the French oil and gas major ramps up efforts to reach its global clean energy targets.
An initial feasibility study into a 600MW floating solar plant in the Indian state of Madhya Pradesh has concluded, with the plant expected to begin power generation by 2022 or 2023.
A subsidiary of Adani Green Energy has received a contract to build a 600MW solar-wind hybrid project in India after posting a winning bid in an auction carried out last month by the Solar Energy Corporation of India (SECI).
Indian utility Gujarat Urja Vikas Nigam Limited has auctioned 500MW of PV capacity, with winning bids setting a record for the lowest solar tariff seen in India.
