"The government will amend bidding norms for pass through of duties on solar modules to de-risk the projects," power minister RK Singh said.
Under the ISA framework as many as 32 countries have ratified the agreement, while 30 have joined the group of nations, which aim to promote solar energy as means of development particularly in developing nations.
Prime Minister Modi will receive the French President, who will arrive by a special plane at the Lal Bahadur Shastri International airport on Monday morning, the official said.
In 2016, New Delhi had lost a case against the US at the World Trade Organisation (WTO) after the global trade body stated that power purchase agreements signed by the Indian government with solar firms for its National Solar Mission did not meet international trade norms.
Mercom forecasts total installations to fall by 22 per cent year-on-year to approximately 7.5 GW in 2018, it said in a report.
Noting that the 2030 Agenda for Sustainable Development calls for making sure that there is water and sanitation for all, Lajcak yesterday said water is critical for achieving all Sustainable Development Goals but world leaders are not doing enough.
Citing lack of visibility for tying up long-term power purchase agreements, the agency has maintained its negative outlook on the thermal power sector for FY19.
Longi Solar Technology Ltd's announcement follows the Trump administration's January 24 decision to impose an extra 30 per cent duty on imported solar modules.
Uttar Pradesh has a solar energy potential of 22,300MW, which the state intends to harness to meet the solar power generation target of 10,700MW fixed by Union Ministry of New and Renewable Energy (MNRE).
The Directorate General of Safeguards in a January 5 recommendation to the finance ministry said solar cells are "being imported into India in such increased quantities and under such conditions so as to cause or threaten to cause serious injury to the domestic industry manufacturing like or directly competitive products."
Last month the United States triggered a new round of litigation at the WTO, arguing that India had failed to abide by a ruling that it had illegally discriminated against foreign suppliers of solar cells and modules.
This will, in turn, result in increase in the cost of power, AISIA general secretary Gyanesh Chaudhary said in letters to Revenue Secretary and other senior government officials.
There is a mismatch between peak demand and electricity generation period for solar, said Nitya Nanda, Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI).
In fact some leading players in the power industry have already begun adapting themselves to cope with the coming disruption. But there are others who are unwilling to even consider any change.
The report said renewable energy, off-grid solar and energy storage, agribusiness, green buildings, urban transportation, water, and urban waste management as the sectors that can bring about a crucial difference to catalyse private investment.
"Union Bank of India has approved our proposal for One Time Settlement 'OTS'," Indosolar Ltd said in a BSE filing today.
In the first phase, officials of NLC India Limited, Bengaluru-based Raasi Green Earth, Narbheram Vishram Kolkata and NVR Energy exchanged documents with Electricity Minister P Thangamani in the presence of Chief Minister K Palaniswami at the Secretariat today, an official release said.
Solar power generation offers an enormous opportunity for UP, driven by factors like strong policy support, higher sunshine, growing demand for energy and demand elasticity from declining solar module prices.
Sixty-two percent of India's solar pipeline remains concentrated in four southern states of Karnataka, Tamil Nadu, Andhra Pradesh and Telangana, according to Bridge to India
One of the best examples of muddled thinking that has come to characterize researchers can be found in the latest Economic Survey – pages 119-128 of Volume II – when it discusses the energy scene in India.
Solar modules account for 60 percent of the cost, and Indian developers are using these discounted, defected modules to cope with the pressure of costs and deadlines.
The imported photovoltaic (PV) module price has been rising over the last 3-4 months, up by about 15 per cent, to 35-37 cents per watt in August, from about 30-32 cents in May, an ICRA statement said.
The 12 percent uptick in prices has come after a decline of nearly 5 percent in the second quarter of 2017
Narendra Modi's government aims to raise solar power generation capacity nearly 30 times to 100 gigawatts (GW) by 2022. The capacity has already more than tripled in three years to more than 12 GW.
From schools to airports, canal tops and mega solar plants, ABB's solar inverters power various solar installations across the country, the firm said in a statement.