Solar market in India

Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore

NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […]

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8minutenergy receives PPA to develop the over 115 MW Springbok 3 Solar Power Farm

8minutenergy receives the third installation of the Springbok cluster for the development of Solar Power Farm 8minutenergy Renewables, the leading independent solar developer in the U.S., announced it has received approval on a Power Purchase Agreement (PPA) to develop the over 115 megawatt-dc (90 MW-ac) Springbok 3 Solar Power Farm, located in Kern County, California. […]

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Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment

FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […]

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Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector

In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […]

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BHEL Aims to Enhance Solar PV Business

BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […]

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ReneSola announces ratio change for the Company’s American Depositary Receipt (“ADR”) program

For ReneSola’s ADS holders, this Ratio Change will have the same effect as a one-for-five reverse split. ReneSola has announced a ratio change for the Company’s American Depositary Receipt (“ADR”) program. As a result, the number of the Company’s shares represented by each American Depositary Share (“ADS”) will be changed from two (2) shares to […]

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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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