India’s Ministry of New and Renewable Energy (MNRE) has put in a request with the Department of Revenue for renewable energy to be exempted from some effects of the Goods and Services Tax (GST) bill, should it be passed in parliament, MNRE joint secretary Tarun Kapoor has confirmed to PV Tech.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
Chile’s Ministry of National Resources is holding a public tender for 2,896 hectares of land in the region of Arica and Parinacota to be used for renewable energy projects.
Leading Silicon Module Super League member Trina Solar has added 27MW of distributed generation (DG) PV projects to its balance sheet after completing and connecting three projects to the grid in Suqian City, Jiangsu Province, China at the end of December 2015.
State-owned firm the Indian Renewable Energy Development Agency (IREDA) is to issue INR17.2 billion (US$257 million) in tax-free bonds from today for the financing of renewable energy projects in the financial year 2015/16.
The Solar Energy Corporation of India (SECI) has signed an MoU with the Delhi Metro Rail Corporation (DMRC) to work together on developing an initial 500MW capacity of off-site solar projects over three years.
Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.
US residential installer Sunrun said it would exit the PV market in Nevada with the loss of hundreds of jobs due to the recent negative changes by the Public Utilities Commission (PUC) in Nevada to net metering and charges on people operating solar systems.
Valentin Software will launch the next generation of its design software PV*SOL premium at the end of 2015. New features are designed to make the process of designing a PV system easier and faster. The shading analysis of roof and ground-mounted systems in 3D mode remains the central feature as it calculates how often the modules are covered by shade, and how this affects the system yield, presenting the results graphically. All shading objects can be freely selected and placed anywhere on the ground or building.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
