GST Rates and Reimbursement Still an Issue for Indian Module Manufacturers

Interview: GST Rates and Reimbursement Still an Issue for Indian Module Manufacturers

Goods and Services Tax (GST) rates for solar components were announced in July but there is still plenty of ambiguity concerning what the actual tax rates will be for each ...
/ Markets & Policy, Solar
Indian Solar Installations Totaled a Record 2.2 GW in Q3

Indian Solar Installations Totaled a Record 2.2 GW in Q3 as Uncertainties Loom

Indian solar installations totaled 2,247 MW in Q3 2017, up 300 MW from Q2 according to the recently released India Solar Market Update by Mercom India Research. However, like in ...
/ Markets & Policy, Solar
REC Solar Exec: Shift Towards Quality is Fueling Our Growth

REC Solar Exec: Shift Towards Quality is Fueling Our Growth

Anti-dumping investigations are underway in the U.S. and India – two of the world’s largest solar markets – and it appears likely to result in the imposition of tariffs. The ...
/ Markets & Policy, Solar
India Solar Auction Activity in September

India Solar Auction Activity Increases in September, Tender Announcements Fall

In September 2017, solar auction activity increased in India. Compared to the 76 MW auctioned in August, 602 MW of solar were auctioned in September. Meanwhile solar tender announcements witnessed ...
/ Solar, Tenders & Auctions
Delayed PPA Signing and Subsidy Reimbursement

Delayed PPA Signing and Subsidy Reimbursement Not Helping the Indian Solar Sector: Interview

As the Indian sector continues to grow there are challenges everywhere but PPA renegotiation and delayed PPA signing, delay in reimbursement of subsidies are particularly troubling. Here is an excerpt ...
/ Markets & Policy, Solar
Meeting Between Solar Industry Stakeholders and Minister of Power

What Happened in the Meeting Between Solar Industry Stakeholders and Minister of Power

Minister of Power R.K. Singh called a meeting yesterday with solar project developers and manufacturers to understand the state of the solar industry in India. In the meeting, Singh discussed ...
/ Markets & Policy, Solar
India Renewable Energy September 2017

India Renewable Energy News and Policy Roundup for September 2017

Several important renewable energy policies especially in solar were announced last month in India. Notable news was the Rewa payment guarantee announcement from Madhya Pradesh. State Agencies The Rajasthan Renewable ...
/ Markets & Policy, Solar
Solar India

Anti-Dumping Tariff, Consistent Tenders Needed to Support Solar Manufacturing in India

The following is from a conversation Mercom India had with Sunil Rathi, director of sales and marketing for Waaree Energies on the current state of Indian solar market. What do ...
/ Markets & Policy, Solar
Solar Anti-Dumping Tariff

The Chances for Solar Anti-Dumping Tariff Recommendation Just Got Higher in India

The U.S. International Trade Commission (USITC) has found that crystalline silicon modules imported into the United States caused serious injury to domestic manufacturers, increasing the chances that a similar finding ...
/ Markets & Policy, Solar
Mercom REI Panel

Tariff and GST Uncertainty Are Only a Temporary Drag on India’s Solar Market

Tax confusion, uncertainty about anti-dumping tariffs, and stagnant demand are all affecting India’s solar sector, which witnessed relatively smooth growth in the last three-to-four years until the hiccup that began ...
/ Markets & Policy, Solar
Tata Power Solar

Tata Power Solar CEO Says India’s Solar Manufacturing Sector Needs Support to Become Competitive

The following is from a conversation Mercom India had with Tata Power Solar CEO Ashish Khanna at the Renewable Energy Expo 2017 in Greater Noida, India. This is the first ...
/ Markets & Policy, Solar
Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017 As India’s largest cleantech conference opens, there are a lot of unanswered questions that everyone wants answers to. Here ...
/ Markets & Policy, Solar
Solar Power in Q2 2017

India Generated 5.5 Billion Units of Solar Power in Q2 2017, an 87 Percent Increase Over Q2 2016

Solar in India accounted for 5.5 billion units of electricity produced in the country during the second quarter (Apr-Jun) of 2017, an 87 percent increase over the second quarter of ...
/ Solar, Utility Scale
Solar Imports and Exports

Solar Imports Fell by 9 Percent Quarter-over-Quarter in Q2 2017, Ahead of Anti-Dumping Recommendations

In the second quarter (Apr-Jun) of 2017, export and import activity totaling $1.24 billion (~₹ 79.9 billion) was registered in the Indian solar sector. This was $124.08 million (~₹11.1 billion) ...
/ Markets & Policy, Solar
India Renewable Energy Policy Roundup

India Renewable Energy Policy Roundup from August 2017

Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
/ Other, Renewable Energy
Rising Chinese Solar Module Price Pose Significant Challenge for India

Rising Chinese Module Prices Pose Significant Short-Term Challenge for India’s Solar Industry

After falling by approximately 5 percent in the second quarter of 2017, for the first time in years, the average selling price (ASP) for Chinese modules is increasing quarter-over-quarter in ...
/ Markets & Policy, Solar
Tata Power Solar 2017 Earnings

Tata Power Solar Sales Jump 52 Percent, Profits Triple

Tata Power Solar said its net sales in fiscal year 2017 increased by 52 percent against the year‑earlier period to ₹2,262 crores. By comparison, net sales of ₹1,490 crores were ...
/ Finance and M&A, Solar
DGAD Solar Exporters Price

Solar Exporters Under Deadline to Furnish Details in the Ongoing Solar Anti-dumping Case in India

The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) India as part of the ongoing investigation into the anti-dumping petition against solar imports from China, Taiwan, and ...
/ Markets & Policy, Solar
Websol Solar Cell Module manufacturing

Websol To Scale Up Solar Cell and Module Manufacturing Capacity in India

Websol Energy System Limited has received board approval to scale up its solar cell and module manufacturing capacity in India. According to a Bombay Stock Exchange (BSE) filing, Websol’s board ...
/ Manufacturing, Solar
Solar Tempered Glass AntiDumping India

India Imposes Anti-Dumping Duty on Tempered Solar Glass Imported from China

The Indian Ministry of Finance has imposed an anti-dumping duty on tempered glass (solar glass) imported from China in the range of $64.04 per metric ton (MT) to $136.21/MT. The ...
/ Markets & Policy, Solar
Solar Anti-Dumping Hearing

Lessons for India from the Suniva Solar Anti-Dumping Case Hearing

On Tuesday, the much-anticipated public hearing by the U.S. International Trade Commission (ITC) on the Suniva and SolarWorld Section 201 trade case was held in Washington, D.C., with both sides ...
/ Markets & Policy, Solar
Financing Activity in the Indian Solar Sector So Far This Year

Solar Tender and Auction Activity in India Dropped Significantly in July 2017

Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable GST rates for solar, DISCOMs seeking lower tariffs after the Bhadla record-low bid, and ...
/ Solar, Tenders & Auctions
Mercom India Solar Market Update

India Installs 4.8 GW of Solar in the First Half of 2017, Eclipsing All of 2016

1.9 GW installed in Q2 2017, over 10 GW projected in 2017 The Indian solar market added 1,869 megawatts (MW) in the second quarter of 2017, bringing installations in the ...
/ Markets & Policy, Solar
National Thermal Power Corporation

NTPC Tenders 250 MW of Solar Under DCR Category

National Thermal Power Corporation (NTPC) tendered 250 MW of solar under the domestic content requirement (DCR) category. This is a global tender and anyone can participate. The bid-submission deadline is ...
/ Solar, Tenders & Auctions
Solar Anti Dumping

China to Cooperate With India to Resolve Solar Anti-Dumping Issue

China wants an amicable resolution to the solar anti-dumping issue with India at the same time raising concerns that the levy of a duty might hinder the growth of the ...
/ Markets & Policy, Solar