Indian rooftop solar sector receives $100m ADB loan
Nationwide financing program to be guaranteed by the Indian government and delivered using funds from the Asian Development Bank and Punjab National Bank. First tranche represents one-fifth of $500m loan finance program.
JinkoSolar breaks 2 GW barrier for module shipments in Q1
The Tier-1 Chinese solar company is the first firm to ship more than 2 GW of solar modules in a single quarter, beating guidance for the first quarter to reach 2,068 MW in shipments. Q2 guidance of 2.5 to 2.6 GW forecast.
Breaking: Indian solar companies file AD petition against China
As cheap Chinese solar cells and modules flood the Indian market, solar companies under the Indian Solar Manufacturers Association (ISMA) have filed a petition with the Ministry of New and Renewable Energy to impose anti-dumping duties on produce from China, Malaysia and Taiwan.
JinkoSolar supplies 65 MW of solar modules to Energon Solar in India
In its latest shipment to India, the Chinese Tier-1 solar company has supplied 65 MW of solar modules.
IBC Solar switches on 22.5 MW project in India
The German developer has completed its sixth solar PV plant in India.
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.
Solar’s share of India electricity output grew 81% in last fiscal year
Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
IEEFA report: NTPC plays central role in India’s energy transition
One of the top 10 coal-fired power generators in the world, Indian energy conglomerate NTPC is today leading the charge in the country’s energy market transformation, finds report.
India’s Uttar Pradesh mulls additional 750 MW solar project at Bhadla
Government officials from the state of Uttar Pradesh have met with Ministry of New and Renewable Energy representatives to discuss development opportunity in Rajasthan, eyeing October 2018 commissioning date.
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.
