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Solar players expect tax incentives in budget, uncertainty over GST remains

According to Solar players continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve countrys ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices []

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Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017

Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017.  2016 saw solar installations []

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MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017

State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries []

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Gujarat Government to announce Solar-Wind Hybrid Policy 2017

Considering the advantages of integrated solar and wind power projects, the state government of Gujarat has decided to announce a new policy for such hybrid plants. It will be called Solar-Wind Hybrid Policy 2017. The government intends to invite suggestions from interested companies and other stakeholders for the proposed policy within a month. The decision []

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Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia

Early this year in November Etrion Corporation signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF []

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India to invest $1.8 Billion on Lines to Transmit Solar Power

India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modis goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event Empowering the Grid to meet Future Challenges organized []

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Piyush Goyal to release 3 reports today at Empowering the Grid to meet Future Challenges

Power Grid Corporation of India Ltd. (PGCIL) is organizing an event Empowering the Grid to meet Future Challenges in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include Renewable Energy Integration: Transmission, an Enabler and Green Energy Corridors II and Electricity Demand Pattern Analysis. []

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