SUBSCRIBE NEWS LETTER

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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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IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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Azure Power Assigned Highest Accreditation Rating by ICRA

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […]

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Haryana Executing Solar Power-Run Micro Irrigation Project Under PMKSY

It is one of-its- kind project in the country which will draw energy from solar power and the grid, and will be connected to the nearest 11 KV line through hotline to ensure uninterrupted power supply. The Haryana government is executing a unique solar power-run micro irrigation pilot project under the Pradhan Mantri Krishi Sinchai […]

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GCL-SI Inks Cooperation Agreement with IBC SOLAR

GCL System Integration Technology signs business partnership with IBC SOLAR in Germany, a global leader in photovoltaic (PV) systems and energy storage. It is a clear indication that GCL-SI is exploring the European markets by providing the local markets with its solar modules. Per agreement, GCL-SI will deliver 60 megawatt polycrystalline solar modules to the […]

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Chandigarh’s Solar Power Ambitions Hit Roadblock

Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […]

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TMEIC Powers Up 350 Units of SOLAR WARE Inverters for SB Energy Holdings Limited

TMEIC’s SOLAR WARE inverters are highly engineered utility-scale PV inverter with the most advanced multi-level switching technology, delivering high energy efficiency (98.7%), and a lower equipment footprint, thus leading to an unparalleled yield on customer investment. Bangalore-based TMEIC Industrial Systems India Pvt. Ltd. has successfully supplied 350 units of 1MW SOLAR WARE inverters to SB […]

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Heraeus Photovoltaics and Tongwei Solar Will Together Develop New Generations of Solar Cell Technologies

  Heraeus Photovoltaics and Tongwei Solar will conduct joint research and development of new-generation efficient front side silver paste, with the goal of leading the industry standard. Heraeus Photovoltaics, the supplier of metallization solutions to the PV industry, announced that it has established a cooperation agreement with Tongwei Solar on the R&D and applications of […]

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Tata Power Solar Spearheads Energy Generation Expansion for India’s Largest Car Port

The grid-connected car port plant required high-level engineering and designing skills for assembling the massive car port structures. Tata Power Solar has announced commissioning of 2.67 MW of solar carport at Cochin International Airport. The project comprised of putting together 8472 solar panels on 27 carports spread over 20289.9 square meter of area. The entire […]

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