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Renewable Certificates Sales Down 22% in June

Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, []

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, Indias first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Heres how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the governments Budget for FY19-20: After the budget, Power Minister R. K. []

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Growatt Holds Shine Elite Workshop in Vietnam

Vietnams solar market is good news for the solar industry with the growing demand for electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4, 2019, in Ho Chi Minh City. The meeting highlighted training on Growatts smart []

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JinkoSolar Supplies 7.8 MW Modules for 2 Solar Plants in Hungary

JinkoSolar has supplied I+D Energias with 7.8 MW of solar modules which were installed at two solar PV power plants in Hungary. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it has supplied I+D Energias with 7.8 MW of solar modules which were installed at two solar PV power plants in Hungary. Frank []

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EDF Renewables Commissions 120 MW Solar Project in Mexico

EDF Renewables Mexico has announced 119.6 MW Bluemex Power 1 Solar Project is fully operational and delivering electricity. EDF Renewables Mexico has announced that its 119.6 MW Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules []

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Hero MotoCorp Working on Multiple EV Projects

Hero MotoCorp is already working on multiple EV projects, company chairman Pawan Munjal has said. The countrys largest two wheeler maker Hero MotoCorp has revealed that the company is already working on multiple electric vehicle (EV) projects, company chairman Pawan Munjal said in the companys Annual Report for 2018-19. The company is fully geared up []

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Lightsource BP Acquires 1.9 GW Solar Projects in Brazil

Lightsource BP has acquired 1.9 GW of solar PV power projects from Enerlife, in a major move into the Brazilian solar market. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects has announced the acquisition of nearly 2 GW of solar PV projects in a major move into the []

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Budget 2019 Live: Big Boost for finance, solar manufacturing and EVs in Budget

As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a []

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar []

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