Even though monkeys were allegedly wreaking havoc on India’s solar rooftop systems last year, 2016 was remarkable for the Indian PV sector. With solar taking 1% the nation’s electricity share and India set to become the world’s third largest market in 2017 , Bloomberg New Energy Finance has proclaimed that ‘solar is king of Indian renewables’. Add the completion of the world’s largest solar plant to these accolades and you have a good indicator of the South Asian giant’s ambitions. Even India’s biggest oil, steel and mining companies are getting on board the solar rush.
India’s installed cell and module manufacturing capacity has reached 1,468MW and 5,848MW respectively as of 30 June 2016, according to figures released by the Ministry of New and Renewable Energy (MNRE).
The US has once again come out on top after the World Trade Organisation (WTO) rejected a challenge by India in favour of its domestic content requirements (DCR).
Minnesota Power tendering 300MW PV, more Brazilian states have exempted the ICMS tax on net metering, the WTO Appellate will rule on India/US solar trade case in September,
The US Trade Representative has spoken out about the next steps for the US in light of India preparing to file additional cases against the US over violation of World Trade Organisation (WTO) norms.
India could file trade cases against the US over violation of World Trade Organisation (WTO) norms related to the protection of solar panel producers in various US states, says energy minister.
A solar auction in the Indian state of Rajasthan has seen the lowest bids so far in the Domestic Content Requirement (DCR) category, which requires project developers to source solar equipment from local manufacturers.
The World Trade Organisation (WTO) has ruled against India's local content rules for solar equipment in its dispute with the US. Jasmeet Khurana, associate director, consulting, Bridge to India explains why the Domestic Content Requirement (DCR) has always been unsustainable and what other policies should be considered to keep Indian solar manufacturers afloat.
Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
