Tags: solar news

Solar equipment imports from China may soon come under double taxation

Solar equipment imports, largely from countries such as China, may soon come under double taxation with the Director General of Trade Remedies (DGTR) looking to consider continued imposition of 15 per cent safeguard duty (SGD) on imports of solar cells and modules beyond the cutoff date of July 29. The DGTR is scheduled to do […]

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NTPC wins Project Management Consultancy contract from Mali for 500 MW Solar Park

Mali has awarded Project Management Consultancy contract to NTPC, a central PSU under Ministry of Power, for development of 500 MW Solar Park. #Republic of Mali has awarded Project Management Consultancy contract to NTPC for development of 500 MW #SolarPark.Read more: https://t.co/9yevwVsb9g@OfficeOfRKSingh @MinOfPower @mnreindia @CMDNTPC pic.twitter.com/VzUhMiw8Rv — NTPC Limited (@ntpclimited) June 24, 2020 In an […]

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Sterling and Wilson Solar Q4 net down 56 pc at Rs 128.58 cr

Sterling and Wilson Solar has reported a 56 per cent decline in consolidated net profit at Rs 128.58 crore for the quarter ended March 31, 2020. The consolidated net profit of the company stood at Rs 294.80 crore in the quarter ended on March 31, 2019, a regulatory filing said. The total income of the […]

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US solar PV system costs falling faster than anticipated: Wood Mackenzie

Wood Mackenzie in its new report says that Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction. Residential system prices with mono PERC modules are now expected to fall 17% from 2020 to 2025, up from 14% forecast pre-coronavirus. Additionally, mono PERC […]

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Cleaner air during lockdown helped Delhi tap more solar power: Study

Based on data collected in Delhi, scientists report that the reduction in air pollution due to lockdown measures enforced in the country may have led to more sunlight reaching solar panels, resulting in the production of more clean energy. The findings, published in the journal Joule, noted that in late March, the amount of sunlight […]

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Cleantech Solar secures USD 75 mln loan from ING to fund SE Asia expansion

Cleantech Solar secures a $75 million loan from Dutch bank ING Groep NV to finance its expansion across Southeast Asia, the companies said in a joint statement on Tuesday. Cleantech, which has Shell as one of its investors, will use the funding to help build over 500 megawatts of solar projects, according to the statement. […]

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Solar cell and module imports from China may attract higher 20 per cent duty

The Indian government proposes to end custom duty exemption on solar cells and module imports as it looks to boost domestic manufacturing and put a check on large scale procurement of solar generation equipment from China. Sources in the government said that a 20 per cent basic customs duty may be imposed on solar equipment […]

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Amid India China Standoff , Govt plans to impose customs duty on solar cells

In a bid to propel domestic manufacturing and curb the procurement of solar power equipment from China, the government is reportedly planning to bring the basic customs duty (BCD) on imports of such products. It is worth noting that the solar imports from China have dropped to an extent after the imposition of the safeguard […]

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Global Solar O&M market to reach annual total of USD 9.4 billion by 2025: Report

According to new research by Wood Mackenzie solar power systems nearing inverter end of life currently account for 5% of the global PV market, this number will grow to 16% – or 227GWDC of solar systems – by 2025. The repowering and maintenance of these solar power plants will come at a cost, however. Wood Mackenzie […]

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