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solar business

Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power

Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […]

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GCL-SI Inks Cooperation Agreement with IBC SOLAR

GCL System Integration Technology signs business partnership with IBC SOLAR in Germany, a global leader in photovoltaic (PV) systems and energy storage. It is a clear indication that GCL-SI is exploring the European markets by providing the local markets with its solar modules. Per agreement, GCL-SI will deliver 60 megawatt polycrystalline solar modules to the […]

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Code Green Solar Expands Commercial Installations

Code Green Solar has broadened its market from residential solar; reaching new heights in commercial solar installations. Code Green Solar has completed a solar installation for Engine Distributors Inc. (EDI). The Ford Motor Company partner was founded in 1958 and is currently a leading engine distribution company. The roof mount is of 137.46 size DC […]

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REDAVIA Commissioned Tanzania’s Largest Solar Farm for Shanta Gold

Shanta’s underground expansion plans then saw an increasing energy demand, so they turned to REDAVIA to lease an additional seven containers. With eight now operational in total and a capacity of 674 kWp, Shanta is now set to generate more than 1 million kWh per year, saving 219,000 liters of fuel and ~660 tons of […]

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Buy Abroad Diktat Doesn’t Worry India’s Solar Sector

India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […]

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Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart

Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […]

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Finland’s Taaleri Mulling to Acquire Solar Power Projects in India

Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […]

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University of Virginia, Dominion Energy and Coronal Energy Announce Ambitious Solar PV Project

As part of a 25-year agreement, the University of Virginia will purchase the entire output of a proposed solar PV project. Coronal Energy will develop the project, while Dominion Energy will construct and own the installation. The University of Virginia continues to expand its portfolio of carbon-free generation and achieve key sustainability targets with another […]

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SolarReserve Receives Environmental Approval for 390 MW Solar Thermal Facility with Storage in Chile

Likana Solar Energy Project in the Antofagasta region will provide reliable, non-intermittent electricity from solar energy 24-hours a day. SolarReserve, the industry leader in baseload solar power solutions and advanced solar thermal technology with energy storage, has received an environmental approval from the Chilean government to build a 390 megawatt solar thermal power station with […]

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