The Directorate General of Trade Remedies (DGTR), under the commerce ministry, has recommended continuation of anti-dumping duty on Chinese solar glass for two years with a view to guard domestic players from cheap imports. The duty is extended on textured tempered coated and uncoated glass.
The ministry recommended duties in the range of $192.82 per tonne and $302.65 per tonne. The finance ministry takes the final decision to impose this duty. In its probe, the DGTR concluded that the product is being exported to India at prices below normal value and that is resulting in continued dumping.
India revamps PLI scheme for solar manufacturing units, SECI to implement
The government issued draft guidelines to implement the Trance II of the Production Linked Incentive (PLI) scheme for domestic manufacturing of high-efficiency solar modules. The government has reserved $1.54 billion for companies to set up vertically integrated capacities of polysilicon, wafers, cells and modules. Mercom reported that in addition to $45 billion, an additional allocation of $2.51 billion was announced in the budget of 2022-23 to set up a larger manufacturing base for solar modules by fully integrating manufacturing units from polysilicon to solar modules.
SECI will be the implementing agency for the PLI programme. Earlier, it was the Indian Renewable Energy Development Agency. SECI will have the power to inspect the applicants’ manufacturing units and offices. The applicant will have to set up a minimum 1 GW manufacturing unit to qualify for the bids.
India green hydrogen adoption targets to get delayed: ICRA
Ratings agency ICRA said India’s green hydrogen consumption targets may get delayed by the recent global surge in commodity prices. The report said the green hydrogen adoption drive in India and across the globe depended on the fall of electrolysed costs by 50% to $2-3 per kg by 2030.
ICRA’s Rohit Ahuja told ET that because of the recent surge in metal prices because of geopolitical disruptions, the expected reduction in manufacturing costs for electrolysers may be back-ended to close to 2030, rather than in the immediate term. India’s drive to enhance green hydrogen production could entail overall investments of about Rs4 lakh crore—factoring renewable energy capacity additions of 60 GW and investments in electrolyser manufacturing facilities.
Green hydrogen share in the total hydrogen production in India is expected to increase to 30% to 80%—from nil—by 2030-50, along with a four to five times increase in overall consumption to about 30 million metric tonnes from 6 mmt at present.
Research: India adds 10 GW solar capacity in 2021
Mercom research reported that solar capacity installations in the country jumped by a record 210% to 10 gigawatts during 2021. The green capacity installations reached a level of 3.2 gigawatts (GW) in 2020, the research added. Utility-scale projects accounted for 83% of the total installations and the top 10 developers of such projects accounted for 68% of the total installed projects in 2021. ReNEw Power commissioned maximum projects followed by Adani Green.
In 2022, new renewable capacity additions doubled. India installed 15.5 GW of non-hydro renewable energy capacity in fiscal 2021-22, from just 7.7 GW installed in the preceding fiscal year. About 90% of the total, or 13.9 GW, came from solar.