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Manufacturers of solar power equipment express concern over GST

Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […]

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ABB India inaugurates new state of the art factory, doubles solar inverter manufacturing capacity

ABB India, the power and automation technology major, inaugurated a new solar inverter manufacturing facility in the city. The facility is set to double the solar inverter manufacturing capacity of the company. The factory was inaugurated by Sanjeev Sharma, CEO and Managing Director, ABB India and Robert Itschner, Global Managing Director for Power Conversion, ABB […]

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REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo

South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra.

RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […]

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ABB India to supply string inverters to electrify schools with solar in West Bengal

ABB India, one of the leading power and automation technology company will play a crucial role in West Bengal government’s initiative for state-wide solar electrification of schools. The company supplies string inverters of various capacities for rooftop solar photovoltaic (PV) systems with Kolkata based Sunshine Power Products across government schools located in the state. The […]

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IFC to invest up to USD 125 mn in Hero Future Energies

International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […]

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The cumulative installed Renewable energy capacity crosses 44 GigaWatts: NITI Aayog

PM Narendra Modi on Monday reviewed the progress of key infrastructure sectors. NITI Aayog in its presentation noted that there has been phenomenal progress in several key sectors, including renewable energy, and railways. The cumulative installed capacity in the new and renewable energy sector has crossed 44 GigaWatts. Targets have been met for various components, […]

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Haryana to get 3,050 solar water pumps

In a bid to encourage farmers go solar; Haryana government has announced to install 3,050 solar water pumps of 2 HP, 5 HP and 10 HP in the current financial year in the state with 90 per cent subsidy. 3050 solar water pumps will be installed will be installed with 10 percent farmer’s share and […]

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