Australia is a prime example where the renewable energy sector has been growing at a torrid pace despite an unfavorable government which wants to stifle its growth. The country has seen a huge step up in the growth of its overall solar and wind energy capacities in the last couple of years as economics have […]
Plans to export solar power to other countries is not a new concept and the most famous example was Desertec where a plan was to build massive solar farms in the Sahara to supply power through undersea cables to Europe. This plan which saw a lot of traction and planning in the early 2010s never […]
The Indian solar manufacturing industry was expected to see a revival with the imposition of a 25% safeguard duty on imports of solar cells and modules from China and Malaysia. However, one year after the imposition of the duty, Chinese solar panels continues to dominate the Indian market with a share of 80% of the […]
USA made India remove its domestic content requirements (DCR) a couple of years ago for solar panel projects by moving the WTO as it violated the guidelines of the international trade body. This was a very stupid move by the USA because most of the Indian imports came from China and other countries as hardly […]
China moves to a Market Driven Mechanism The Chinese solar market is the major driver of solar panel prices globally given that it accounts for around 45%-50% of the overall global demand. The demand in China is watched very closely by industry participants as it can quickly turn a shortage position into an oversupply situation […]
Lowest Cost of Solar Power in India IRENA has come out with a report which shows that India has shown the least cost of installing solar power plants globally with a cost of just $793/kW. What is strange is that the costs of solar power installation in India are even lower than China which makes […]