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US solar panel makers seek retroactive duties on Vietnam, Thailand amid surge in imports
A group of US solar panel manufacturers has requested the Commerce Department to impose retroactive duties on imports from Vietnam and Thailand, citing a surge in shipments from these countries amid ongoing investigations into alleged unfair trade practices. The probe, initiated by the Commerce Department in May, targets silicon solar cells and panels made in Vietnam, Thailand, Malaysia, and Cambodia. The investigation focuses on accusations that these products were sold in the US at excessively…
Andhra Pradesh unveils policy to attract Rs 10 trillion investment for clean energy
The Andhra Pradesh government aims to secure Rs 10 trillion in investments through its newly launched AP Integrated Clean Energy (ICE) Policy, focusing on solar, wind, and round-the-clock renewable energy projects to achieve net-zero carbon emissions by 2047. Chief Minister N Chandrababu Naidu announced the policy, which offers incentives such as affordable land acquisition and power subsidies for specific sectors. The ICE Policy includes a target of developing 78.5 GW of solar capacity, 35 GW…
Torrent Power challenges approval of Sarda Energy’s bid for SKS Power Generation at NCLAT
Torrent Power has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) against the approval of Sarda Energy and Mining’s (SEML) resolution plan for the debt-ridden SKS Power Generation. The appeal follows the Mumbai-based National Company Law Tribunal’s (NCLT) decision on August 13, which approved SEML’s bid and dismissed Torrent Power’s application to acquire SKS Power Generation in Chhattisgarh. Torrent Power objected to the selection process, arguing it was discriminatory and claiming that…
Maharashtra to boost solar capacity by 9,200 MW within 14 months
Maharashtra plans to increase its solar energy capacity by 9,200 MW, raising its total from 3,600 MW to 12,800 MW within the next 14 months. State Power Minister Devendra Fadnavis announced the work orders under the Mukhyamantri Saur Krushi Vahini Yojana-2.0, India’s first solarization project for agricultural pumps. The initiative aims to halve power costs for agricultural pumps, reduce cross-subsidy burdens, lower tariffs for industrial and commercial users, and cut government subsidy expenses by about…
DERC issues draft regulations for intrastate transmission projects under TBCB
The Delhi Electricity Regulatory Commission (DERC) has released draft regulations to establish the threshold size for intrastate transmission system (InSTS) schemes developed under the tariff-based competitive bidding (TBCB) mechanism. The regulations, titled “Draft Delhi Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under the Tariff Based Competitive Bidding) Regulations, 2024,” are open for public comments and suggestions. A key aspect of the draft regulations is setting a Rs 1.5 billion threshold…
MoU signed to explore renewable projects in ASEAN countries
Founder Energy Sdn Bhd, a subsidiary of Reservoir Link Energy Bhd (RLEB), has signed a memorandum of understanding (MoU) with MN Power Transmission Sdn Bhd to explore renewable energy projects, including solar, biogas, and biomass, in Malaysia and other ASEAN countries. The MoU focuses on collaboration in project identification, technical expertise sharing, and implementation, supporting RLEB’s expansion in the renewable energy sector and contributing to future growth.