India will add 9,812MW of solar PV this year, according to the latest quarterly market update from Mercom Capital Group, which is significantly up from the 9,020MW that the consultancy previously forecast in January this year.
The price of Chinese module imports to India has dropped 8% over the last quarter and 29% year-on-year, according to new price indices calculated by consultancy firm Bridge to India.
Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
Just when forecasts for India’s solar manufacturers in 2017 projected a dire outlook, energy minister Piyush Goyal has reportedly said in parliament that the previously touted incentives package for domestic firms will not be moving forward for the foreseeable future.
Having confirmed the 18-month extension of anti-dumping and anti-subsidy measures on imports of Chinese solar cells and modules, the European Commission (EC) has initiated a partial interim review into what form the punitive duties should take.
The European Commission has confirmed that it will extend its anti-dumping and anti-subsidy duties on cells and modules imported from China by 18 months, a reduction form the 24 months first proposed.
India may be falling short of its aspirational renewable energy targets, but strong installation progress and rates of growth, particularly in solar, are buoying the sector.
Representatives of Brazil’s Chamber of Mines and Energy Committee have approved legislation that includes new solar financing options and tax exemptions for solar cell and module imports, but the proposals must still pass through two more commissions to become law, according to a leading industry figure.
