Monthly Archives: July 2013

Gram Power: ‘smart microgrid’ produces, stores renewable energy on location

Twenty-two-year-old Yashraj Khaitan finds it difficult to explain to his parents what exactly he is doing in a remote village in Rajasthan. One year ago, as a fresh graduate from the University of California, Berkeley, Khaitan turned down a job offer from Ericsson, … Continue reading

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India faces short-term setback in renewable energy investment: Report

Investments in renewable energy sector will be sluggish in the short term globally, including in India, says a report. Leading consultancy firm Deloitte, in its report, today said that global investments in renewable energy sector is set to continue to decline in the … Continue reading

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Gujarat government announces new Wind Energy Purchase Rate at Rs. 4.15 per KWhr

Gujarat government on Last Thursday approved the Wind Energy Policy to expedite and encourage development of wind power generation activities in the state, said a top minister. The 25-year policy will exempt the power producers from electricity duty and allow captive use, … Continue reading

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Solar panel dispute: EU reaches deal with China

The deal to resolve the biggest trade dispute between China and the European Union will avoid punitive tariffs from August on Chinese solar imports into Europe that were worth 21 billion euros ($27 billion) last year. BRUSSELS: The European Commission said on … Continue reading

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China imposes anti-dumping duties on US, South Korean polysilicon

U.S. and South Korean polysilicon manufacturers will face anti-dumping import tariffs in China of up to 57% beginning July 24. U.S. producers REC and Hemlock face the highest rates. China’s Ministry of Commerce is set to impose import duties of … Continue reading

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Chinese module prices continue to rise

Chinese panels are increasing in price due to the EU’s anti-dumping tariffs. As a result, high-quality modules from South Korean and Western suppliers are becoming more competitive, says IHS. The European Union’s anti-dumping tariffs are driving up prices for Chinese … Continue reading

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REC turns profitable as PV module plant at full capacity

REC reported second quarter 2013 revenue of NOK 1,544 million (US$ 257.3 million), a 21% increase over the prior quarter. The company posted a positive EBITDA of NOK 152 million (US$25.3 million) in the quarter, marking a return to an … Continue reading

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