India: solar tax will be 5%, minister confirms
In tweet sent yesterday, India revenue secretary Hasmukh Adhia said that all solar equipment will be subject to only 5% Goods and Services Tax, allaying fears cells and modules would be placed in 18% bracket.
Trump stalls on Paris climate agreement
The U.S. president declined to sign on to consensus language composed by G7 leaders, and has said that a decision will come some time this week. However, implications for solar and renewables may be limited.
APVIA sees steady Q1 growth in Asian PV
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
SolarWorld Americas joins Suniva’s trade petition
After originally being cool to Suniva’s petition to the U.S. International Trade Commission for protection from its Chinese competitors, SolarWorld Americas has reversed its stance and joined the complaint as a co-petitioner.
BREAKING: U.S. ITC moves ahead with Suniva investigation
The U.S. International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors.
India: solar tax hike could increase power project prices, say industry heads
The 18% Goods and Services Tax rate for solar cells and modules could pose significant threat to around 10 GW of ongoing utility-scale solar projects, says Bridge to India.
It all stacks up: Lego goes 100% renewable
Danish plastic building blocks manufacturer Lego has achieved its goal of being 100% renewable three years early thanks to concerted efforts to rely on solar and wind power at its facilities worldwide.
Kazakhstan unveils web-based solar atlas
The new interactive electronic resource was developed by local company Sapa Pro&Tech in the frame of a joint project of Kazakhstan’s Ministry of Energy and the United Nations Development Programme.
India hikes solar cell and module tax rate to 18%
The increased Goods and Services Tax rate for solar cells and modules is in part a response to the technology’s ability to “stand on its own two feet”, says energy minister.
ADB raises $46 million for Indian PV, wind with green bonds
The Asian Development Bank has raised INR 3 billion ($46.19 million) through the issuance of rupee-linked green bonds to back the development of 709 MW of solar and wind capacity in six states in India.
