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UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant

UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […]

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REC Group Begins Production of New 50-Cell Mono Solar Panel

In contrast to the 48-cell panels commonly used in Japan, REC’s new 50-cell panel features an excellent combination of practical size, easy handling, optimal for system configurations and designs, and high power output of up to 250Wp. REC Group, the leading European brand of solar panels in Japan, began commercial production of its new 50-cell […]

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GST rate on solar panel indicates grid parity: Anurag Garg-VP, Schneider

Five percent tax being levied comes as a big reprieve to the solar sector, as against the earlier classification of 18 percent said Anurag Garg, Vice President – Schneider Electric India. In lieu of the tax rate on solar panels being fixed at five percent under the forthcoming Goods and Services Tax (GST), industry players […]

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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […]

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Vietnamese Province Green-Lights $35 Million Solar Energy Plant

The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […]

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Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research

Rise in demand for solar photovoltaic installation in the power industry is expected to drive the demand for solar photovoltaic material during the forecast period Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and […]

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Innovative Solar Systems Sells 2GW Solar Energy Farm Portfolio

Innovative Solar Systems has been quickly selling off the remainder of their 2017/2018 Solar Energy projects but still have some crown jewel projects ready for immediate purchase by interested buyers and investors. Innovative Solar Systems, an Asheville, NC based Solar Farm Developer has just closed a joint venture deal with VIVO Power that totals 37 […]

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Ellomay to Buy 300 MWp Spanish Solar Power Project

Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […]

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