The Indian government has announced a new incentive scheme to boost manufacturing in the solar power sector. Through this scheme, the government plans to disburse more than $600 million over the next five years. India’s Ministry for New and Renewable Energy recently announced the guidelines for a production-linked incentives schemeContinue Reading
To ensure only quality solar modules are used at solar power projects and, possibly, provide some protection to domestic manufacturers from a flood of Chinese solar modules, Indian governments have released a list of module models it will allow being installed at new power plants. The Ministry of New andContinue Reading
Escorts Limited becomes the first and the only company in India to receive the CMVR certificate for electric tractors. CMVR stands for Central Motor Vehicles Rules, 1989. After exports, the company now plans to launch electric tractors in the domestic market. The company’s Agri machinery division (EAM) has received certificationContinue Reading
The government has received expressions of interest to set up manufacturing capacity of nearly 35,000 MW of solar equipment, union power and renewable energy minister RK Singh recently told media. Domestic Solar equipment manufacturers have been anticipating the duty on solar equipment since FM Nirmala Sitharaman included it in herContinue Reading
India imports around 85% of its solar panels from China and even the domestic manufacturers of panels are largely dependent on China for raw materials such as cells, wafers and ingots that go into their manufacturing. Due To an over 20% month-on-month increase in solar module prices from China duringContinue Reading
India is considering multiple efforts to discourage developers to import Chinese equipment and encourage investors to develop domestic manufacturing facilities. India first imposed a safeguard duty on Chinese solar cells and modules in 2018. A 25% duty was imposed in 2018, which has now reduced to 15%. However, the impositionContinue Reading
The safeguard duty India imposed on solar cells and modules coming from China and Malaysia, which enjoyed 85-90% market share in the country, is just a few months away from completing its two-year course, and the government may have a tough time deciding whether to extend it or not. TheContinue Reading
A number of flagship programs of Ministry of New & Renewable Energy (MNRE) such as KUSUM, have provisions for mandatory use of domestically manufactured solar PV cells. However it was seen that some manufacturers have been importing semi –processed solar PV cells (generally called blue wafer) and making final SolarContinue Reading
