- September 5, 2018
Safeguard duty deferred, for now
The government has deferred safeguard duty on solar imports from China and Malaysia for the “time being” in compliance with the interim stay by Orissa High Court. The Madras High Court allowed Shapoorji Pallonji to get its solar module imports released without the payment of safeguard duty until the matter is resolved.
India could exceed 2022 target via solar pumps
New analysis, says India could surpass its solar power target of 100 GW by 2022 if solar pumps were to replace traditional water pumps in farms. “Biggest concern is quality, lower quality systems will not last for ten years.”
After India’s ISA, China’s International Investment Alliance for Renewable Energy
Is it China’s response to International Solar Alliance? China may be slashing subsidies at home, and aggressively backing its companies overseas. China has launched International Investment Alliance for Renewable Energy – a large alliance to reach out foreign markets for its solar equipment.
National Energy Storage Mission proposed
Centre has proposed National Energy Storage Mission (NESM): the draft encourages manufacturing, deployment, innovation and cost reduction. NITI Aayog and Rocky Mountain Institute’s joint report proposed scaling supply chain strategies; and scaling up of battery cell manufacturing.
Greenko’s billion dollar Orange deal may be scrapped
Greenko’s $1bn acquisition of Orange Renewables’ Indian solar and wind assets may be scrapped. Greenko’s board raised concerns over Orange’s wind power project in Andhra Pradesh and the latter’s parent firm has also run into regulatory hurdles.
China to WTO: US ‘seriously damaged’ our trade interests, broke WTO rules
China has lodged complaint with WTO saying U.S. decision to subsidise renewable firms and slap tariffs on imports undermined WTO rules and authority and “seriously damaged” China’s trade interests.