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India again out measures to stabilize photovoltaic market period extended to 30 days after the blockade

Solar photovoltaic (pv) net news: since 20 limited began to return to work, the government of India on the execution of the sealing city at present stage, implementation & other; Partition ShiCe & throughout; Method is flexible, hope on the premise of to control the disease, promote production recovery low risk area. By the government of India to the outbreak of comprehensive investigation, according to the situation of infection, around the area is divided into three red orange green recognition, green for a relatively low risk areas, solar portal, red for danger area. India's federal government allow it, and the actual situation of their local relax restrictions on low risk area in some industries, 26 days to ease strict sealing city bring huge economic and social impact.

and, in order to quickly recover economic production, India has also issued a series of supporting measures. Among them, China solar power network, in the field of renewable energy, India to set up 100 billion rupees ( Us $1. 3 billion) The alternative investment funds, special funds to renewable energy developers, export-import bank of India ( 进出口银行) Also said that provide loans to support exports. The government has also asked the Treasury will export incentives from up to 6-2% 8% so that the Indian manufacturers to export its products. To support local solar manufacturing enterprise, implement the second phase of the solar energy plan calls for a project subject to tender in India one hundred percent use & other; Local & throughout; The solar cell and components for installation.

India is spare no effort to support solar project, not only because of the first quarter of 2020 India pv market downturn, the bidding project delay again and again, not only China solar energy network, installed schedule is same. India's national thermal power co. , LTD. ( NTPC) And the solar energy company ( SECI) ) Announcement, solar panels, delay the deadline for the project subject to tender. NTPC utility scale power plant in India's biggest developer, photovoltaic (pv) grid, its recently announced a 1. 2 gw solar project deadline of the bid from March 19 to May 28. SECI also announced was scheduled for February 13, 2020, the deadline of the bid four nw floating type solar project to extend the deadline of the bid May 4. According to wood Mackenzie India in the first quarter of the new installed capacity is expected to drop to 1. 2 gw, year-on-year growth of 60%.

second, according to the international institute for sustainable development ( IISD) And energy, environment and water council ( CEEW) The recently released a new study shows that India's in 2016 - renewable energy subsidies 17 and 2018 - 19 year dropped by 35%, and India's solar bid KWH innovation low price, solar energy cost advantage is increasingly protruding, stable photovoltaic market fast recovery on track is very important.

recently, India renewable renewable energy ( MNRE) Approval to extend renewable project completion time, and put forward at the end of the block 30 days longer, normalize its industry. This means that because of the outbreak caused by blocked to cease, and shall be regarded as force majeure, delays in project does not need to record check them one by one. After the MNRE instructions, because of the delays caused by coronavirus as force majeure, and to give appropriate extension project.

solar photovoltaic network statement: this information is reproduced from the power grid cooperation media or other Internet website, solar photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. The article content is for reference only.

this paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, huaneng power 180 mw

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