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Existing reflective solar sail designs are typically very large and very thin, and they are limited by the direction of the sunlight, forcing tradeoffs between power and navigation
The imports were worth USD 1,684 million in 2019-20 and USD 2,160 million in 2018-19, New & Renewable Energy Minister R K Singh said in a written reply to the Lok Sabha
State seeks to have 25 GW of renewable energy capacity by 2030, become investment destination in sector.
It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors
While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore
There is a 14.5-per cent safeguard duty on imported solar gears from China and Malaysia.
Engineering firm Sterling and Wilson Pvt Ltd on Thursday said it has signed a contract to construct a solar PV battery storage and diesel genset-based hybrid power plant in Niger in West Africa.
The statement said solar deployment has been the flagship green growth story of the last decade and this would be instrumental to stimulate growth and build a climate-resilient world
Industry said without a level-playing field, domestic manufacturers in SEZs will have to shut shop and "may see job losses in tune of 15,000 people"
There is already safeguard duty of 15 per cent levied on the imported solar cells and modules
Solar modules constitute 80% of the cost of a solar power project.
The renewables ministry wants separate classification for solar PV cells and modules used for clean energy projects and levy duties on their import
The cost of Chinese solar PV (photo voltaic) panels is lower than the cost of Indian panels
As much as $1.96 billion worth of solar cells and modules were imported from China
They generate significantly more energy than other sideways solar systems