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Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project

UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […]

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Scatec Solar Secures 40 MW Solar Power Project in Malaysia

The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […]

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GST Increases Cost of Solar Projects by 12 Percent, Says AISIA

Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […]

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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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Petitioners Attended the Anti-Dumping Petition Hearing by DGAD

An anti-dumping duty may be described as a protectionist tariff imposed by the domestic government. All the petitioners of the anti-dumping duty matter on solar cells and modules were present at the hearing by the Directorate General of Anti- Dumping and Allied Duties (DGAD) on December 12, 2017. The Indian Solar Manufacturers Association (ISMA) as […]

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Gurugram: Wellington Estate Gets 200 Kwp Solar Power Plant

The society will save more than 20 lakh per annum on electricity expenditure with the installation of the solar power plant, at least for the next 25 years. The upscale Wellington Estate in DLF 5 has commissioned a 200 kWp Solar Power Plant that will supplement the already installed 1800 KW grid supply connection from […]

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Prabhuraj Ambli Appointed as ED and Exclusive Business Partner for the Karnataka Region by Ultimate Sun

He was also appointed as an advisor for the Cotton Advisory Board (CAB) for the Ministry of Textiles, Government of India, in 2010. Prabhuraj Ambli was recently appointed as Executive Director and exclusive business partner for the Karnataka region by Ultimate Sun Systems, renewable energy solutions pioneer and ISO 9001:2008 certified MNRE Channel Partner company. Having vast […]

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African Development Bank Grants $265M Loan for Two Solar Power Plants

The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […]

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