National Solar Energy Federation of India (NSEFI) expects budget to accelerate renewable energy uptake across MSMEs and hard-to-abate industrial sectors.
Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.
Gensol Engineering Ltd has emerged as winning bidder for engineering, procurement, and construction of 116 MW (150 MWp) of solar projects in Gujarat. It will install these projects for feeder-level solarization.
While companies grapple with razor-thin margins, these price wars are accelerating the adoption of solar power globally.
With Union Budget to be presented next week, developers hope for reduction in GST [goods and services tax] and import duties on solar components, and deferral of the ALMM [Approved List of Models and Manufacturers] imposition until domestic supplies are sufficient.
A review of indoor PV cell technologies by an international research team delves into recent progress, characterization, and design strategies used to develop highly efficient cells. The study presents 250 commercial and laboratory devices, as well as applications and performance reporting.
Tata Power Renewable Energy and NHPC have signed a memorandum of understanding for implementation of rooftop solar projects across government buildings under the PM Surya Ghar Yojana.
UltraTech Cement Ltd has acquired 26% equity stake in a special purpose vehicle formed to set up a 30.85 MW hybrid project with battery storage in Gujarat and a 3.54 MW solar project in Rajasthan and Odisha.
Corporate funding in the solar sector reached $16.6 billion in the first half of this year, according to Mercom Capital Group. It says most funding came via debt financing, as venture capital and public market financing fell.
Waaree Renewable Technologies Ltd will provide comprehensive engineering, procurement, and construction (EPC) services for ISMT’s 22 MW AC (30 MWp DC) ground-mounted solar project in Maharashtra.
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