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BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit

Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty  (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […]

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The Indian Connection at HuntPerovskite, No 1 Perovskite Linked Patents Firm

US based Hunt Perovskite Technologies (HPT) announced yesterday that the United States Patent and Trademark Office (USPTO) has granted HPT two additional patents related to its ongoing work in the development of printed metal halide perovskite photovoltaic (PV) devices. While the first patent (US10,907,050) relates to HPT’s invention of an ink to print nickel oxide […]

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BCD Announcement This Week? Speculation Reaches Fever Pitch, Again

A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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Waaree Targets 5 GW Capacity by 2021 With 3 GW Module Line From Jinchen

Chinese module manufacturer Yingkou Jinchen Machinery Co., Ltd. (Jinchen), has announced the signing of a deal with Mumbai based manufacturer Waaree Energies for a 3 GW high efficiency photovoltaic modules automatic production line. This is the largest stand alone project for any Chinese equipment manufacturer and any firm overseas. Waaree, led by Chairman and MD […]

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Budget 2021. Familiar Tussle Between Developers And Manufacturers

As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […]

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Emergence of Asia-Pacific Renewable Energy Sector

By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai  The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production.  Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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