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El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour

El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […]

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China Eyes £292bn Splurge in Renewable Power by 2020

China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […]

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Solar players expect tax incentives in budget, uncertainty over GST remains

According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […]

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Government Should Remove Service Tax for the Installation & Commissioning of RE Projects: Vikram Solar

Keeping in mind the nature of the industry and to bestow more power generation capacity under the RE Sector, the Government should remove service tax for the installation & Commissioning Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar in his budget expectation statement said keeping in mind the nature of the industry and to bestow […]

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Ujaas introduces UjaasHome, the Power of Solar Energy to Your Doorstep

UjaasHome will offer consumers an opportunity to produce solar energy for their captive usages and save up to 50% on their electricity bills. Ujaas Energy brings the power of solar energy right at the customer’s doorstep through their newly launched segment, UjaasHome. Offering small on-grid solutions to the customer, Ujaas provides customers an opportunity to […]

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Solar Industry’s Bigwigs Enlisted for REWA Ultra Mega Solar Power Project Bidding

Madhya Pradesh government’s ultra mega solar power park at Rewa gets bidder’s list The Madhya Pradesh government’s ambitious ultra mega solar power park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW […]

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PSEG Solar Source Acquires Two Solar Projects from BayWa r.e.

The two solar projects have a 10-year power purchase agreement with Virginia Electric and Power Co. and are located about 90 miles northeast of Raleigh in Halifax, N.C PSEG Solar Source has announced that it has acquired two North Carolina solar projects from BayWa r.e., with a total capacity of 47 MWs-dc. The company has acquired the two solar facilities […]

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India as a solar power bright spot helps fill Japan, China slowdown

India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […]

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