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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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Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research

Rise in demand for solar photovoltaic installation in the power industry is expected to drive the demand for solar photovoltaic material during the forecast period Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and […]

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CERTISOLIS certifies the low carbon footprint of REC solar panels made with TwinPeak technologies for tenders in France

Combining this CERTISOLIS certification with high product quality and competitive pricing on a multicrystalline cell platform, REC’s solar panels are now a preferred product for CRE 4 tenders in France, and even for projects not yet built under CRE 3 tenders REC has announced that products made with its award-winning TwinPeak technologies have been officially […]

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VIZ-A-VIZ with S.K Mahajan, Director, IB Solar

Q. Kindly slate on the journey of the company so far. The business was founded in 1992 with a mere capital of Rs. 2000; my father was a retired government officer then. I have 16 years of experience with corporate industry before starting business under the name Integrated Marketing, which became Integrated Batteries India Pvt. Ltd. […]

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