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Solar self-reliance stays in the shadows - The Hindu BusinessLine


Solar self-reliance stays in the shadows
Way forward: Should India try to occupy the space of high-value niche solar products?   -  ISTOCK.COM
Way forward: Should India try to occupy the space of high-value niche solar products?   -  ISTOCK.COM×
Does India have what it takes to compete with Chinese manufacturing might in everything from silicon to modules?
Based on the promised incentives and protection from imports, many companies including Adani, Azure, ReNew and Waaree have expressed their willingness to manufacture solar cells and modules in India.
But is the government’s pitch good enough? Second, can Indian manufacturers compete against the Chinese? ....

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India To See $500-billion Investment In Renewables By 2030: IEEFA Report


India to see $500-billion investment in renewables by 2030: IEEFA report
A report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that a huge global capital pool is mobilising to invest in renewable energy and grid projects in India
Source: Reuters
India is set to see investments to the tune of around $500 billion in the renewables sector if the country has to achieve the target of 450 gigawatts (GW) of capacity by 2030, said a report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The report highlighted that a huge global capital pool is mobilising to invest in renewable energy and grid projects in India, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low-interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). The renewable energy sector in India has received more than $42 billion in investment since 2014. ....

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MIL-OSI Energy: IEEFA: Global capital mobilising for India's $500bn renewable energy infrastructure opportunity


The key domestic and international institutions driving renewable energy growth in India
16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs).
“Domestic and global institutions across the financial, corporate, energy, utility and government sectors are primed to deploy a wall of capital that India needs to fund its ambitious renewable energy targets,” says report co-author Tim Buckley, Director Energy Finance Studies, South Asia, at the Institute for Energy Economics and Financial Analysis (IEEFA). ....

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