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Budget 2018: Reactions From the Solar Industry

Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero.   The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […]

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The9 Singapore Inks Pact with Solar Energy Company on Blockchain Technology

Pursuant to the agreement, with respect to the trading and distribution of solar energy using blockchain technology, The9 Singapore will provide C&I with related blockchain technology, one-stop solution and community operation. The9 Singapore, an Internet company announced that it has signed a partnership agreement with C&I Singapore Renewable and Innovative Tech. (“C&I”) in relation to […]

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Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh

Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […]

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Domestic Manufacturers Hoping of a Favorable Budget 2018

Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […]

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Ireda and Rumsl Signs Agreement for Large-Scale Solar Parks in Madhya Pradesh

Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today for financing the shared infrastructure of two large Solar Parks in Madhya Pradesh. Ministry of New & Renewable Energy (MNRE), World Bank & IREDA have been able to work out a proposal to channelize US$ 100 Million […]

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Energy Eco Chain Re-energizes The World Of Energy With Blockchain

Energy Eco Chain brings its technology to 2018 APEC Summit. It will support Batam in its Smart and Digital Economy Initiative (SDEI) With an aim to swiftly integrate the headlonging evolution of blockchain to advance the energy sector, Energy Eco Chain (EEC) held its inaugural seminar in Singaporeto  introduce its cutting-edge platform for energy supply […]

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Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty

According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […]

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JK Government to Explore Solar Power to End Power Crisis

According to the Power Development Department official the state has decided to explore the solar power sector in view of “huge burden” of the power purchase on the state exchequer. To boost electricity and to end the power crises in the state, Jammu and Kashmir government is exploring solar power to meet the electricity requirement. […]

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