China’s decision to phase out export subsidies on solar products could mark a turning point for India’s renewable energy manufacturing sector. The move, announced earlier this month, is expected to narrow the cost gap between Chinese and Indian solar equipment, potentially opening global export opportunities for Indian firms. From April…
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MNRE Pushes Calibrated Financing for Solar Growth
The Ministry of New & Renewable Energy (MNRE) on Sunday urged financial institutions to adopt a calibrated, well-informed approach while evaluating finance proposals across the solar photovoltaic (PV) manufacturing ecosystem. The ministry clarified that it has not issued any advisory directing lenders to pause or halt fresh renewable energy financing,…