SUBSCRIBE NEWS LETTER

RE developers

Slight Rise in Solar Tariff during Rajasthan Auction

This time in the first part of the auction, Hero Future Energies quoted the lowest tariff of Rs 2.47 per unit and was awarded the 300 MW it had asked for. After a steep fall for over two years, solar duty rose marginally at the latest auction conducted by the Solar Energy Corporation of India […]

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US Takes India Back To World Trade Organisation in Solar Power Issue

In 2013, Washington had complained to the WTO, claiming that US exports of solar items to India had declined by 90% since 2011 because of India’s “discriminatory practices”. India has failed to comply with a World Trade Organization ruling on solar power, the United States will tell the WTO’s dispute settlement body (DSB) next month, […]

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China’s Longi Plans Solar Equipment Manufacturing Facility in India

The plan to set up a factory in India by LONGi, the world’s largest monocrystalline solar wafer maker, comes in backdrop to Union government’s proposal to make it mandatory for firms to have local manufacturing capability to bid for the world’s largest solar tender of 20 gigawatts (GW). LONGi Green Energy Technology Co. Ltd is […]

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Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard

The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty

In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […]

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Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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