India will introduce a 40% basic customs duty on solar modules and 25% duty on cells as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.
Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
Fitch: Solid state support will help capacity soar from last year’s 26GW to 105.9GW in 2028, as impact of tariff and tax measures dilute in a few years.
India’s Ministry of New and Renewable Energy (MNRE) has issued an amendment to its National Wind-Solar Hybrid Policy, clarifying that any form of energy storage, not just batteries, can be used in hybrid projects.
