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Will Module Price Skyrocket in 2021?

80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […]

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Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy

Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […]

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419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW

MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […]

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Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA

Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […]

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40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022

The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […]

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MNRE Issues Amended Draft Policy for Promoting DRE Livelihood Applications

MNRE has issued a revised draft of its policy framework for developing and promoting DRE livelihood applications in rural areas of India The Ministry of New and Renewable Energy (MNRE) has issued a revised draft of its policy framework for developing and promoting Decentralised Renewable Energy (DRE) livelihood applications. The ministry has invited comments/suggestions from […]

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Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm

RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […]

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Low Current Represents the Best Choice for PV Modules

Recently, Guangzhou Development New Energy Co., Ltd. began bidding for procurement of PV modules for 2021 and 2022. This procurement is divided into two bidding sections with a total procurement scale of 1.08GW. The power threshold is set for the PV modules of the two bidding sections and the current of the modules should not […]

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