Policy changes in China are driving up prices of polysilicon, a key raw material of solar PV components
The IEA report noted that solar PV and battery manufacturing accounted for more than 90 percent of the total investments in both 2023 and 2022. Investment in solar PV manufacturing more than doubled to around $80 billion in 2023, while investment in battery manufacturing grew by around 60 percent to $110 billion.
Presidents of North India Module Manufacturers Association and Indian Solar Manufacturers Association will be a part of the meeting.
Extension on the scheduled date of commissioning of solar or hybrid projects will be examined on a case-by-case basis. If found that adequate measures such as land acquisition or placing orders for modules have not been done as yet, then the entire project will be liable for cancellation, the MNRE stated.
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RIL intends to straddle the entire value chain — technology, manufacturing, and access to end market — in solar energy
RIL AGM 2021: India’s energy sector is on the cusp of a solar powered revolution and Reliance is set to play a leading role in it
IEA report calls for a substantial reduction in fossil fuel use starting from the current decade.
NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. Towards this, NTPC has already commissioned 310 MW solar PV projects.
We see a huge growth potential in the solar sector especially when the government is taking several initiatives to increase power capacity from the renewables, International Business Head Prasad Chaporkar told PTI.