solar energy in India

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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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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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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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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MNRE asks States to Prepare Conducive Policies for Renewable Energy

MNRE Secretary Rajeev Kapoor suggests on preparing Conducive Policies for Renewable Energy Ministry of New and Renewable Energy Secretary Rajeev Kapoor has called upon state governments to prepare a conducive policy regime for the renewable sector. Speaking at the concluding session of National Review Meeting with state government officials, he emphasized on the need to […]

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ReneSola Announces Strategic Partnership with China Resources Leasing for Credit Facility on Solar Power Projects

ReneSola Ltd has partnered with China Resources Leasing for annual credit facility to fund solar power projects ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products has formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources (Holdings) Co., Ltd (“CR” or “China Resources Group”), a conglomerate […]

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