Bangladesh scraps 5.68 GW of solar
Bangladesh has canceled 5.68 GW of planned solar capacity across 34 projects after developers failed to secure implementation, power purchase or land lease agreements, raising investor concerns over policy stability.
GST on solar cells, modules cut to 5%
India’s Goods and Services Tax (GST) Council has announced a reduction in the GST rate on solar cells—whether or not assembled into modules—from the current 12% to 5%. The revised rates will take effect from September 22.
Waaree Energies enters transformer business with majority acquisition of Kotsons
Kotsons’ UL certifications for dry transformers open significant opportunities for exports to the USA and Canada, aligning with Waaree’s growing international presence.
Websol to expand solar cell, module capacity by 4 GW
Websol Energy System Ltd has approved the addition of 4 GW of solar cell and module manufacturing capacity, with a total investment of INR 3,000 crore. The manufacturer said the new cell capacity will be based on TOPCon technology.
KP Group partners with AHES, GH2 Solar on 100,000 tpa green ammonia facility
KP Group has partnered with GH2 Solar and South Korea’s AHES Co. Ltd. to establish and operate a green ammonia production facility in India with a capacity of 100,000 metric tons per annum.
How smart financing solutions are solar powering the mid-income households
Adopting rooftop solar has never been simpler, with 100% digital, collateral-free loans tailored for middle-income households. From instant, paperless approvals to flexible options like zero-cost EMIs or hybrid plans, the process ensures ease at every step.
Coal India Ltd invites EOI for EPC of 3 GW solar projects
State-owned Coal India Ltd (CIL), the largest coal producer globally, is seeking interest of EPC players for the development of 3 GW of grid-connected solar power projects anywhere in India.
ACME Solar awarded 50 MW FDRE project by Tata Power
ACME Solar will develop a project combining solar and battery energy storage system to ensure 50 MW firm and dispatchable renewable power supply.
Waaree-Backed Solfin enters co-lending tie-up with Japanese Financial Institution
Solfin Sustainable Finance, a solar-focused non-banking finance company (NBFC) backed by Waaree, and Japanese Financial Institution, have entered co-lending partnership to provide working capital finance to solar panel dealers and rooftop solar finance to end consumers.
AMPIN Energy Transition commissions 50 MWp solar plant in Chhattisgarh
The solar plant, completed in a record time of nine months, is supplying clean energy to Texmaco Rail & Engineering Ltd.
