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Momentum Solar

GST to cause significant disruption to the solar sector: Bridge to India

Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […]

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India shows path for cheaper solar energy: World Bank

“The incentives are clear that moving towards solar energy is better than continuing with the building of coal plants. So we need to find ways of accelerating that process. We hope to come out of these spring meetings with a platform like that in place” It is better to move towards solar energy than to […]

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Conergy announces Sale of a 3.75 MW Solar PV Plant in Japan

Conergy provided its full end-to-end solar services to the Sannohe Solar Power and has announced the sale of fully operational 3.75MWp solar power plant. Conergy Japan K.K., the Japanese subsidiary of Conergy, has signed an agreement for the sale of a fully operational 3.75MWp solar plant in Sannohe, Aomori Prefecture. Long regarded as one of […]

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Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix

Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […]

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Global Building Integrated Solar PV Market to Grow at a CAGR of 9.78% During the Period 2017-2021: Research and Markets

One of the major factors hindering the growth of building integrated Solar PV market is absence of BIPV-specific standards. As BIPV modules serve dual functions, they must follow codes and standards of PV and construction industries Research and Markets in its report “Global Building Integrated Photovoltaics Market 2017-2021″ forecasts building integrated Solar PV market to […]

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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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Rajasthan Government Exempts Electricity Duty for Rooftop Solar

To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […]

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Suzlon Partners with AMP Solar for 15 MW Solar Project in Telangana

Suzlon Group has partnered with the AMP Solar for the development and construction of a 15 MW Solar PV Project located at Achampet, Mahaboobnagar District, Telangana. Under agreement signed between Suzlon Group and the AMP Solar on December 21, 2016, the AMP Solar shall acquire a 49% stake in Rudra Solarfarms Limited, a special purpose […]

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