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Indian market

Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too?

With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […]

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New Technologies – Opportunity for Indian Solar Manufacturers

While more solar modules are being installed and the Indian photovoltaic market is growing noticeably, the vast majority of all solar modules, especially solar cells, are still imported from China. Other countries around the world also source their solar modules in China but there seems to be a shift in thinking. In view of the […]

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India Could Become the Largest EV Market in the World: Report

A new report has revealed that India has the potential to become one of the largest EV markets in the world A new report has revealed that, India has the potential to become one of the largest electric vehicles (EV) markets in the world, with the government pushing for the segment in order to curb […]

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Will be Happy to Collaborate with Indian Firms for EV Chargers: Rucas Wang

Growatt has developed a variety of EV chargers. We have been actively expanding our business across the globe and our EV chargers are getting popular in Europe. I would be happy to discuss collaboration with Indian clients that are interested in developing business in this sector. Over the past years, we have been increasing investments […]

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Indian’s Policy for Manufacturing Tech Products is Bit Complicated: V Kamath

We would love to make in India but the skill sets required and Indian’s policy for manufacturing technological products is bit complicated to be easily available. Also, our global production unit is getting expanded for the world market, so no plans in near future of manufacturing in India, says Vishwanath Kamath, Managing Director, Fronius India […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects

Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […]

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Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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