Solar Industry

GST on Renewable Products Slashed to 5%

Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […]

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Solar Industry in UK Facing Challenges

Environmentalists and big energy firms had urged the government to not stop the export tariff for solar panels but to no avail. In a setback to the United Kingdom’s solar industry, the government has said that houses which will get solar panels in the future will have to give away the surplus power they generate […]

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Tariff Putting a Dent on the US Solar Industry

The report also mentioned that 9000 jobs mainly in construction or engineering were either not added, or lost due to the tariffs. The ongoing trade dispute between the United States and China has put a dent on the Solar Industry in the US according to a new report from the Solar Energy Industry Association and […]

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Growatt Showcases Range of Products at Intersolar India

Offering great solutions for most rooftop projects, Growatt SPF is suitable for customers who wish to upgrade their existing solar grid-tied system to a storage system at a lower cost. Chinese residential PV inverter giant, Growatt showcased its exciting range of products in the recently concluded Intersolar India. Offering great solutions for most rooftop projects, […]

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Haryana Government Offers Subsidy of Rs 15,000 on Solar Home Projects

This is done with a view to promote renewable energy in the state and achieving the solar energy target set under the national solar mission. Residents of Haryana are set to get a state subsidy of Rs 15,000 for installing Solar Home System under the ‘Manohar Jyoti Yojana’. The New and Renewable Energy Department has […]

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Policy and Technology Helped Drive Solar Module Cost Down: Study

Policy support by respective governments has been touted as a major reason for this dramatic price drop With the price of solar energy becoming increasingly competitive each day, it is crucial to know why the cost of solar panels and solar energy storage have been dropping. This is what a team of researchers from Massachusetts […]

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Solar Industry Facing Some Challenge: Gyanesh Chaudhary

Ambiguity arising from the GST relates to the fact that it is still not clear whether solar projects will be categorized under the 5% tax bracket or 18% tax bracket. Implementation of Goods and Service Tax and imposition of safeguard duties are proving to be challenging for the solar industry in India, Gyanesh Chaudhary, MD […]

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Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore

An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […]

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The Next Breakthrough in O&M

The solar PV modules, as we know are guaranteed to perform for 25 years. In this 25 years, the solar panel (and the entire plant) is subjected to various amount of stresses ranging from wind loads, snow loads (in few countries), lightening or surges from grid, moisture ingression and temperature variations. Such stresses while not […]

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