none

ADANI DELAYS RENEWABLES INVESTMENT

25-05-2017
by 
in 

Amidst the news of new protests against Adani, and an 'indefinite delay' on a decision about its Carmichael coal mine project, Adani has announced a delay in its Indian based solar manufacturing. 

Adani Green Energy is manufacturing polysilicon, a crucial component of solar panels. Despite being fully invested and planning to continue production in the future, an anonymous source has told the Economic Times that uncertainty over government investment is causing delays. 

For over a year, the government “has been saying it will come out with a scheme for PSUs to buy locally made capacity for their solar projects, but nothing has been done. There is no clarity on policy,” said the source.

“The second phase of Adani Green’s solar manufacturing programme has been put on hold,” they said. “We don’t know when it will start.”

Currently, polysilicon is not manufactured in India at all. This means it must be imported from other countries, raising the price. Establishing reliable local supply of materials will be crucial to ensuring the much-heralded 'green revolution' that India is seeking. 

In Australia, Adani does not have a strong image as a supporter of green energy.

Adani's Queensland-based coal mine would be the largest in Australia, if it goes ahead, and its entire proposal cycle has been plagued by protests and difficulties with, variously, environmental concerns, anger at proposed exploitation of natural resources, troubles sourcing funds, and arguments against the scale of the government's proposed subsidies. 

 

Related news & editorials

  1. 15.11.2018
    15.11.2018
    by      In
    It’s less than a year since Lapp Australia started trading, but the company has swiftly established itself in the local market, with significant penetration in sectors such as food and beverage, manufacturing, solar, sound and stage production, electrical contracting, machine building and... Read More
  2. 12.11.2018
    12.11.2018
    by      In
    Energy Vault has developed a novel solution to storage for renewable energy plants that involves neither batteries nor water.
    The Energy Vault system is based on the fundamental physics of potential and kinetic energy, and uses a proprietary, cloud-based software platform to operate a newly... Read More
  3. 07.11.2018
    07.11.2018
    by      In
    With a combination of its industry-leading fans and energy-efficient lighting products, Big Ass is improving working conditions in Australia and around the globe.
    Blazing Queensland temperatures and humidity were creating uncomfortable working conditions at XL Service Bodies, an industry-leading... Read More
  4. 07.11.2018
    07.11.2018
    by      In
    ABB has thrown its weight behind the OPC Foundation in its bid to define the worldwide industrial interoperability standard. The new Open Platform Communication Unified Architecture (OPC UA) standard has the potential to enable industrial players to unlock the full potential of Industry 4.0.
    OPC UA... Read More