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PERC

Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power

Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […]

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CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years

While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […]

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Delhi Metro on Track to Become 100 Percent Green

The Delhi Metro Rail Corporation received the green certificates for its Phase-3 stations, depots, and sub-stations said a statement, and have now become only completely ‘green’ Metro system in the world for adhering to green building norms for its residential colonies. Delhi Metro has become the only completely ‘green’ Metro system in the world for […]

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Luminous Aims at 35 Percent Business from Solar Power in Next 5 Years

Luminous Power Technologies will be entering the business of solar power-based solutions for residential homes in next six months and is in talks with several lending companies to provide financing options of its solar-based solutions to customers. Luminous Power Technologies is expecting solar power business to contribute up to 35 per cent to its overall […]

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Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar

The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […]

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Boviet Solar USA Unveils Latest 60-cell PERC Solar Modules at Intersolar North America 2017

The new 60-cell PERC Solar Modules include a 290W 60-cell Polycrystalline diamond-cut solar module and a 300W Monocrystalline Smart Module with built-in monitoring and module-level voltage shutdown. Boviet Solar Technology Co., Ltd., a global leader in the manufacture of high-quality photovoltaic technology, will be displaying the company’s newest 60-cell PERC solar modules at the Intersolar […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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