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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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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan

LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […]

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sPower Connects its Largest Solar Project to the Grid

sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […]

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Trina Solar Announces Shareholders Vote to Approve Going-Private Transaction

Trina Solar Limited has announced that the Company’s shareholders voted in favor of, among others, the proposal to authorize and approve (i) the previously announced agreement and plan of merger (the “Merger Agreement”) dated August 1, 2016 by and among Fortune Solar Holdings Limited (“Parent”), Red Viburnum Company Limited (“Merger Sub”) and the Company, pursuant […]

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Vikram Solar appoints Nimish Jain, Jinko Solar’s Deputy Director APAC as Head of Global Module Sales

Vikram Solar has announced the appointment of its new Head of Global Module Sales- Nimish Jain. In the given role, Nimish would be responsible for driving sales in both domestic and international markets. He would also supervise the accomplishments of targets and P&L of the year, along with recruiting and managing the sales team. Talking […]

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