Selected Clear All
Analyst - Antonio Garzon Analyst - David Green Analyst - Dharmendra KumarBy Attribute
- Research Type
- Research by Market
- Category
- Analyst
-
- Geography
- Date Published
- Services
-
Key Takeaways from Renewable Energy India 2019October 02, 2019Renewable Energy India (REI) Expo - is the leading event in India for the complete solar supply chain. The scale of the event provides a crucial overview of the respective industries and the current market status in India. After attending the show, the IHS Markit Solar and Energy Storage analyst team has summarized the major findings from the event. Please log in to view the full analysis.Subscribers Only
-
IoT Solutions In The PV Inverter Market Report - 2019May 08, 2019This first generation report gives an introductory overview of the IoT space as applied to the PV Inverter market, including an outline of the current IoT product offerings from the leading PV Inverter vendors for residential and commercial applications.Subscribers Only
-
Renewable Energy India ExpoSeptember 18-20, 2019 | Delhi, IndiaIHS Markit will be at Renewable Energy India Expo.
-
Energy efficiency in industry: Different approaches for the same goalsMarch 08, 2019There are a wide variety of initiatives, policies and mandates around the world designed to promote energy efficiency. However, energy efficiency strategies and investments vary depending on the industry, but the goal of reducing energy use and costs remains the same.Subscribers Only
-
IHS Markit Analyst Availability: Electronica, München, GermanyOctober 22, 2018For journalists who follow the latest news and trends in consumer electronics, IHS Markit analysts will be available for commentary ahead of and onsite at IFA 2018 in Berlin, Germany, from August 31 to September 5, 2018.
-
Commercial & Industrial PV Report - India - 2018October 09, 2018This report takes a closer look at the drivers, opportunities, constraints and the competitive landscape of the Indian market for commercial and industrial PV plants. Despite the attractiveness of PV in many segments, there are many challenges that will hold back India from reaching its 40 GW rooftop PV target by 2022.Subscribers Only
-
UPDATE 14 August - Few clear winners and many questions as India imposes safeguard duty on solar PV importsAugust 14, 2018UPDATE: On 13 August India’s Ministry of Finance released a statement, which directs All Principal Chief Commissioner/Chief Commissioner of Customs and Central Excise & GST, not to charge Safeguard Duty for the time being. This statement has been released to be in compliance with interim directions issued by the High Court of Odisha in written petition number 12817 of 2018. This decision means that PV modules and cells can for the time being enter India without any safeguard duty. Importers are however requested to sign a letter that obliges them to retroactively pay if the government re-instates the duties. The temporary halt to the safeguard duties improves the outlook for those companies seeking tariff exemptions for awarded projects, and for manufacturing in SEZs (see below). Near-term it means that shipments already heading to India can be cleared without duty (for now). New orders will depend on the confidence that developers and manufacturers have in the government's ability to approve the requested exceptions. IHS Markit assesses that it will take at least a month for the issue to be settled.
-
PV Inverter Report - India - 2018June 19, 2018This is the first edition of the IHS Markit report on the India PV inverter industry, providing detailed forecasts and analysis of demand for PV inverters in India, and a comprehensive review of the challenges that face PV inverter suppliers in India.Subscribers Only
-
Solar tenders gaining pace in India in 2018April 23, 2018In the first quarter 2018, the pace of tender announcements in India has picked up after a slow end of 2017.Out of 6.55 GW of PV tenders announced in the first three months of 2018, 2.58 GW were awarded to developers through reverse bidding. The remaining capacity will be awarded in the second quarter. This is a significant increase compared to the fourth quarter of 2017, when only 1.37 GW of tenders were awarded.Subscribers Only
-
Safeguard duty investigation on PV imports clouds India outlookFebruary 14, 2018While anti-dumping measures are evaluated in India (see insight India anti-dumping duties petition adds on to PV module procurement woes) with the verdict expected by the second half of 2018, on 19 December 2017, India notified the WTO's Committee on Safeguards of a safeguard investigation on solar cells, whether or not assembled in modules or panels. In early January, the Directorate General of Safeguards (DGS) proposed a Provisional Safeguard Duty (PSD) of 70% on PV cells and modules from China and Malaysia, and possibly also Taiwan and Singapore, for 200 days.
-
India anti-dumping duties petition adds on to PV module procurement woesNovember 22, 2017In June 2017, a group of Indian module manufacturers filed a petition for anti-dumping duties (ADD) against foreign PV module suppliers. Jupiter Solar Power, Indosolar Limited and Websol Energy has filed the petition with the help of Indian Solar Manufacturers Association (ISMA). In reaction to the petition, the Directorate General of Anti-Dumping and Allied Duties (DGAD) opened an investigation in July against imports from China, Malaysia and Taiwan. DGAD has also released the list of suppliers who will be investigated during the on-going process. From China, it includes BYD, Canadian Solar, Hengdian, Hanwha Q Cells, JA Solar, Risen, Suntech, Shunfeng, Trina Solar, and Tongwei Solar. From Taiwan, it includes Solartech and Motech. From Malaysia, it includes First Solar Malaysia, Jinko Solar, TS Solar Tech, Panasonic Energy Malaysia, and JA Solar Malaysia. The investigation is expected to complete by mid or end of 2018. If the investigation results in increased module prices, many planned PV projects under low tender tariffs will be at risk delay, potentially slowing the growth of the market.Subscribers Only
-
Global Infrastructure Partners expanding in APACNovember 09, 2017Amid rising module prices and rock bottom solar tariffs in India, mergers and consolidations of renewable energy companies are taking place. Last year, Tata Power acquired Welspun Renewables, which became one of the biggest acquisitions within the Indian PV market. Last week, Global Infrastructure Partners (GIP) announced the acquisition of Equis Energy, with important assets in India. Equis Energy is an Independent Power Producer (IPP) company. GIP will be acquiring 100% of Equis Energy for USD 5.0 billion, including assumed liabilities of USD 1.3 billion. The transaction is expected to be completed no later than at the end of Q1 2018. This is one of the largest acquisitions within the renewable energy industry to date.Subscribers Only
-
Key takeaways from REI 2017October 06, 2017IHS Markit analysts attended REI 2017. Below are some key takeaways from the show.Subscribers Only
-
India keeps moderate GST; new petition for anti-dumping dutiesJune 19, 2017The government of India has decided to roll-out Goods and Service Tax (GST) rates by 1 July 2017. The GST Council has released the rates and grouped the products/goods in five different tax brackets (0%, 5%, 12%, 18%, and 28%). As per the GST rate schedule released, renewable energy devices & spare parts used for their manufacture will be taxed at 5%. Further in the description part of the rate schedule, it also says that solar power based devices and solar power generating systems will also fall under the 5% tax bracket. There has been a clarification provided by the GST Council that Solar panels will fall under the 5% tax bracket, bringing big relief to both developers and suppliers, since earlier drafts included solar panels under the 18% tax bracket.Subscribers Only
-
India Utility-Scale Solar PV Report - 2017A winding road of opportunityMarch 29, 2017This report takes a closer look at the drivers, opportunities, constraints and the competitive landscape of the Indian market for utility-scale PV plants.Subscribers Only
-
Delay in GST roll-out until September benefits module suppliers in the Indian PV marketJanuary 16, 2017The introduction of a comprehensive indirect tax regime under the Goods and Services Tax (GST) in India is likely to be delayed from April 2017 to the latest September 2017. Such a delay extends the window to install PV systems at lower tax rates, and will impact the quarterly distribution of India PV demand. In 2016, the government of India announced the introduction the GST in order to make India a common marketplace, with uniform taxes. This new tax regime will subsume all other indirect taxes that are currently applicable in India. A side effect of the GST introduction is that the tax exemptions for PV systems will end. As a result, the Ministry of New and Renewable Energy (MNRE) estimates that the total cost to install for grid-connected solar PV will increase by 12% to 16%. From 16 September 2017, all existing central and state indirect tax laws will void, as defined by the Indian constitution. This means GST must be implemented before the given date.
-
Tata Power vies for India solar leadershipJune 29, 2016On 13 June 2016, Tata Power (part of Tata Group) signed an agreement with Welspun Group to acquire the subsidiary Welspun Renewables Energy Pvt Ltd including a 1.1 GW of wind and solar power projects in operation and under development. This deal has been estimated to be of $1.4 billion (INR 10,000 crore). IHS considers this to be one of the largest solar deals in India.Subscribers Only
