SUBSCRIBE NEWS LETTER

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Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […]

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GST to cause significant disruption to the solar sector: Bridge to India

Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […]

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Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India

SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […]

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Ripple effect of India’s energy shift visible globally

The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […]

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Hartek Group Launches a Separate Solar Power Division

Hartek Solar, a separate business vertical of Hartek Group has been inspired by the idea of building a sustainable future through rooftop solar power solutions. Chandigarh based Hartek Group has announced the launch of a separate business vertical-Hartek Solar to tap opportunities arising in the solar power space. The company also announced the appointment of […]

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PM Modi reviews progress of key infrastructure sectors including renewable energy, petroleum, natural gas, power and housing

“Remarkable progress has been made in several sectors, including generation of renewable energy, affordable and rural housing, LED bulbs etc.” Prime Minister Narendra Modi on Tuesday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors […]

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