The government has reduced the time allowed for commissioning and financial closure of solar power projects, a move that could accelerate the pace of renewable energy capacity addition in the country. This, however, could be a concern for project developers as pressure of acquisition of land and availability of transmission Read more…
The 25% safeguard duty imposed on imported solar components, meant to support domestic manufacturers, has not done cell producers any good, although module makers have fared better. “We’ve got zero orders since the duty became applicable,” said the chief executive of a solar cell company, requesting anonymity. “Our factory is Read more…
Wind power developers in Gujarat have got two months time from the Solar Energy Corporation of India (SECI) to do financial closure of their proposed projects. This comes as a relief for projects worth 1,700 MW that were facing a penalty of ₹10,000 per MW per day for delays in financial Read more…
New Delhi, Dec. 30: The Solar Power Developer Association (SPDA) has demanded the goods and services tax rate be kept uniform at 5 per cent on solar power generating system (SPGS) saying recent recommendations of the GST Council are inconsistent with the government’s policy of promoting clean ener- The total Read more…