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CleanMax Solar signs MoU with Hitachi High-Tech to jointly offer high-end rooftop solar solutions

CleanMax Solar and Hitachi High-Tech aims to enable Japanese corporates in India to adopt green energy practices by providing them solar power in a low-risk, economical and reliable manner Energy solutions provider CleanMax Solar has signed a memorandum of understanding (MoU) with Hitachi High-Technologies Corporation (Hitachi High-Tech) to jointly offer high-end rooftop solar solutions to […]

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Sunnova Energy Announces the Launch of Powerstack, its New Solar+Storage Plan

PowerStack, a solar+storage service plan was designed to answer the residential customer demand for low-cost, clean power both day and night said Sunnova Energy in a statement Sunnova Energy Corporation has announced the launch of PowerStack, its new solar+storage plan that maximizes a home’s solar energy use. PowerStack, a solar+storage service plan was designed to […]

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India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts

“Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […]

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Surana Solar Wins 5MW Rooftop Solar PV Project in Andhra Pradesh

Kakinada Smart City Corporation’s 5MW Rooftop Solar PV Project will be developed under the RESCO model for at Rs.5.25 ($0.081)/kWh. Surana Solar has won the bid to develop 5MW of grid-connected rooftop solar PV Project in Kakinada City, Andhra Pradesh with a lowest tariff quoted at Rs.5.25 ($0.081)/kWh. The bids were tendered by Kakinada Smart […]

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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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