At 7.3 GW, India’s Solar Installations in 2019 Declined by 12%
India installed 7,346 MW of solar capacity in the calendar year (CY) 2019, a 12% decline year-over-year (YoY), compared to 8,338 MW in 2018, according to Mercom India Research’s newly ...
Impact of Basic Customs Duty on Solar Cells and Modules: Winners and Losers
Basic customs duty (BCD) on the import of solar cells and modules was announced at 20% in the Union Budget for 2020-21. While the exemption on this duty remains in ...
SECI’s 1.2 GW Solar Tender: Tariff Revision Allowed in Case of Duty Under Change in Law
The Solar Electricity Corporation of India (SECI) has amended the power purchase and sale agreement (PPA and PSA) for its 1,200 MW solar tender, adding another point to the existing ...
Reimburse Costs Incurred by Solar Developer Due to Safeguard Duty Imposition: CERC to NTPC
Responding to a recent petition, the Central Electricity Regulatory Commission (CERC) declared that the imposition of Safeguard Duty (SGD) in July 2018 was covered under the “Change in Law” clause ...
No Basic Customs Duty on Imported Solar Cells and Modules for Now
The basic customs duty on the import of solar cells and modules into the country will remain 'zero', for now, an official of the Ministry of Finance confirmed to Mercom ...
Uncertainty Around Proposed Basic Customs Duty of 20% on Imported Solar Cells and Modules
In a surprising development, the government in an amendment has split the earlier tariff item 8541 40 11 (solar cells whether or not assembled in modules or panels) into two; ...
Solar Project Developers Still Waiting for Safeguard Duty Reimbursement
To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and module imports from China and Malaysia for the period between July 30, 2018, ...
Solar Imports to India Declined by 39% in Q2 2019
India’s solar imports declined significantly in the second quarter (Q2) of the calendar year (CY) 2019. Solar modules and cells worth $399 million (~₹27.75 billion) were imported by India in ...
Arinsun and ACME Solar Get Relief from CERC for Safeguard Duty Imposition
In its recent notification, the Central Electricity Regulatory Commission (CERC) has ordered compensatory relief to two solar developers from safeguard duty imposition last year. ACME Jaipur Solar Power Private Limited ...
Has Safeguard Duty Created a Market for Domestic Small-Scale Solar Manufacturers?
In July 2018, the Directorate General of Trade Remedies (DGTR) recommended a safeguard duty on cells and modules imported from China and Malaysia, which upended the solar supply chain in ...
Trump Administration Withdraws Tariff Exemption for Bifacial Solar Modules
The Office of the United States Trade Representative (USTR) has withdrawn the exclusion of bifacial modules from the ambit of safeguard measures that was applicable on imported solar equipment. The ...
1.5 GW of Solar Capacity Installed in India During Q2 2019
Solar installations in India in Q2 2019 witnessed a slight decline with 1,510 MW, a 14% quarter-over-quarter (QoQ) decrease compared to 1,761 MW installed in Q1 2019. Installations were down ...
News Highlights from India’s Renewable Energy Sector in July 2019
The month of July was filled with significant happenings in all segments of the renewable industry. While the biggest event of the month was the introduction of the Budget 2019, ...
MERC Reiterates Solar Safeguard Duty as Change in Law
Juniper Green Energy Private Limited (JGEPL) and its special purpose vehicle Nisagra Renewable Energy Private Limited (NREPL) recently filed a petition against the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), ...
Lack of Insurance for Solar Modules Holding Back India-Made Modules
Indian manufacturers have made solid inroads supplying to the domestic market after the safeguard duty was imposed on imported modules from China, Malaysia, and Taiwan last year, according to Mercom ...
Important News Snippets from India’s Renewable Industry in June 2019
In the month of June 2019, the most important news development in India’s renewable industry came from the United States with President Trump ending India’s designation as a beneficiary developing ...
Solar Developers Seek Transparency in DISCOM Payments, Approvals and Grid Curtailment
In the recent strategic meeting held by the Solar Power Developers Association (SPDA), the key industry stakeholders deliberated upon major issues affecting the developers ranging from deviation settlement issues to ...
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed
The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a plea requesting that the introduction of Goods and Services Tax (GST) be treated as a ‘Change in Law’ event. The petition, filed ...
Tariff Caps are Slowing Down Solar Auction Activity
The solar market in India is extremely competitive. Reverse auctions have driven tariffs lower and lower, and developers are fighting for every penny to make a decent return on their ...
Znshine Solar Was the Top Module Supplier to India in 2018
Znshine Solar, a Chinese PV module manufacturer, emerged as the top module supplier to the Indian solar market in the calendar year (CY) 2018, having supplied more than a gigawatt ...
The United States Exempts Bifacial Solar Modules from Safeguard Duty of 25%
The Office of the United States Trade Representative (USTR) has issued an order exempting bifacial and a few other types of solar panels from the levy of newly-imposed safeguard duty ...
India Added 1.7 GW of Solar PV in Q1 2019, Rooftop Installations Declined
Solar installations in India in Q1 2019 increased slightly at 1,737 MW, 4% growth compared to 1,638 MW installed in Q4 2018. Installations were down by 49% year-over-year (YoY) compared ...
India’s Solar Exports to the US to Incur 25% Safeguard Duty from June 5, 2019
The United States President Donald Trump has ended India’s designation as a beneficiary developing country, thereby ending duty-free status of about 2,000 products amounting to approximately $6 billion, including solar ...
Maharashtra Commission Warns MSEDCL for Non-Payment to Wind Developers
The Maharashtra Electricity Regulatory Commission (MERC) has pulled up state’s DISCOM (MSEDCL) for the continued delay in meeting payment obligations to independent power producers, including delayed payment charge, and for ...
ACME Solar to be Compensated for Cost Incurred After Introduction of Safeguard Duty
The Central Electricity Regulatory Commission (CERC) has issued an order to compensate a solar power developer by accepting that the levy of safeguard duty was a ‘Change in Law.’ The ...
