The Indian government is likely to impose a safeguard duty of 25 per cent on solar cells and modules imported from China and Malaysia for the coming two years, increasing the cost of more than 85 per cent of the solar capacity in the country.
Today Fortum won the right from Karnataka Renewable Energy Development Ltd. to build a 250 megawatt (MW) solar power plant in Pavagada solar park in Tumkur district, Karnataka, India. Commissioning of the plant is expected in the third quarter of 2019. The capital expenditure is estimated to be approximately EUR 120 million and the solar park will be entitled to a fixed tariff of 2.85 INR/kWh for 25 years. Fortum already has a 100 MW operating plant in Pavagada solar park.
Independent power producer ACME Solar today said it has bagged 600 MW solar power project at SECI 3,000 MW Interstate Transmission System Solar bid.
Studer Innotec SA, Swiss manufacturer of power electronics, offers a 5-year extension on its 5‑year product warranty, for a total of 10 years.
More Articles ...
The best, latest and most trending news from across the global solar industry. Your daily scoop of exclusive hand-picked updates and news articles.