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16.06.26 - 02:42
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India′s Solar Demand Set For 22% Annual Growth Through 2035 (ZeroHedge)
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India's Solar Demand Set For 22% Annual Growth Through 2035
Submitted by Tsvetana Paraskova of OilPrice.com
India's solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.
The consultancy estimates that India's total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI.
Solar growth will vastly outpace overall power demand as power-intensive data centers will drive 22% compound annual growth rate (CAGR) in solar energy capacity from 2026 to 2035, the report found.
“Our base case suggests green hydrogen and data centre capacity shall add another 251GW solar capacity, while it is 406GW capacity in the bull case scenario,” Nuvama analysts said in the report.
“Given solar capacity expansion in ...
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05.06.26 - 05:30
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India Set to Boost Biogas Prices, Subsidies in New Program (Bloomberg)
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India is set to introduce a program to spur compressed biogas production through higher guaranteed purchase prices and subsidies for new plants, a bid by Prime Minister Narendra Modi's government to lower carbon emissions and cope with soaring fossil fuel costs....
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23.05.26 - 02:21
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India Explores Alternative Energy Sources After Oil Supply Shock (ZeroHedge)
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India Explores Alternative Energy Sources After Oil Supply Shock
By Tsvetana Paraskova of OilPrice.com
India's Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas (LPG), as the Middle East crisis is choking oil and gas supply to the world's third-largest crude importer.
Modi also urged ministers to move faster with implementing reforms to turn India into a developed nation by 2047, the goal for its 100th independence anniversary.
India has been grappling with the energy crisis that the Iran war created. Oil supply from the Middle East was severely constrained, forcing India to boost Russian oil imports – with a U.S. blessing in the form of waivers for Russian crude on tankers – and seek alternative crude and LPG supply from regions other than the Middle East.
Earlier this week, reports emerged that India plans to send empty tankers into the Strait of Ho...
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25.04.26 - 11:42
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Shocker for India′s solar sector: US slaps 123% anti-dumping duty on imports (Times of India)
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The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing "critical circumstances." This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the "flawed" findings....
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16.04.26 - 09:12
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Intertek Acquires Solar PV Lab Assets In India (AFX)
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LONDON (dpa-AFX) - Intertek Group plc (ITRK.L) on Thursday said it has acquired the assets of a solar photovoltaic (PV) laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India Pvt. Ltd..The ......
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25.02.26 - 10:06
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US announces duties on Indian solar imports; stocks of Waaree Energies, Premier drop up to 15% (Times of India)
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Indian solar equipment manufacturers experienced a sharp decline in share prices following the US announcement of countervailing duties on imports from India, Indonesia, and Laos. The US Commerce Department cited government subsidies in these nations as disadvantaging American producers. This move, impacting a significant portion of US solar imports, follows previous disruptions caused by similar tariffs on other Asian countries....
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