As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial and […]
Double tax on solar imports could collapse ‘large numbers’ of Indian projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project cancellations, consultancy Fitch Solutions has warned. Earlier this month India’s Director-General of Trade Remedies (DGTR) recommended that the safeguard duties on solar imports, due to expire at the […]
Chinese solar imports to be exempted from BCD if PPA signed earlier
The decision is subject to the approval of the Department of Revenue under the finance ministry, said RK Singh, minister of state for power and new and renewable energy New Delhi: Chinese imports for public solar power projects will be exempted from the basic customs duty if the power purchase agreements were signed before the […]