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UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant

UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […]

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REC Group Begins Production of New 50-Cell Mono Solar Panel

In contrast to the 48-cell panels commonly used in Japan, REC’s new 50-cell panel features an excellent combination of practical size, easy handling, optimal for system configurations and designs, and high power output of up to 250Wp. REC Group, the leading European brand of solar panels in Japan, began commercial production of its new 50-cell […]

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Solar Industry Expects Loss of 88,000 Jobs in U.S. Next Year if Suniva gets trade protections: SEIA

Despite Suniva’s claims that its move is meant to protect domestic manufacturing, SEIA found that U.S. solar manufacturing jobs will actually decline if the petition is granted. The Solar Energy Industries Association (SEIA) recently said that an estimated 88,000 jobs, about one-third of the current American solar workforce, would be lost if Suniva gets trade […]

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RenewSys Launches Production of India’s First 5 BB Solar Cells, Completes Ramp up of its Cell Line

RenewSys will start commercial production of its 5BB Solar PV Panels/Modules from July 2017 onwards. RenewSys, India’s first & only integrated manufacturer of Solar PV Modules & its components- Encapsulants, Backsheets and PV Solar Cells, became the first Indian company to launch the production of five Bus Bar (BB) Solar Photovoltaic (PV) Cells. The 5BB […]

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GST rate on solar panel indicates grid parity: Anurag Garg-VP, Schneider

Five percent tax being levied comes as a big reprieve to the solar sector, as against the earlier classification of 18 percent said Anurag Garg, Vice President – Schneider Electric India. In lieu of the tax rate on solar panels being fixed at five percent under the forthcoming Goods and Services Tax (GST), industry players […]

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ADB and PNB sign $100 million loan to finance Solar Rooftop projects

PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […]

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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […]

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Vietnamese Province Green-Lights $35 Million Solar Energy Plant

The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […]

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