India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA).
The Indian Finance Ministry’s order imposing a safeguard duty for two years on solar imports from developed countries as well as China and Malaysia has brought long-awaited clarity to both manufacturers and developers, but both segments of the industry have a number of fears.
Project developer ReneSola will sell a 206.8MW portfolio of Chinese distributed generation projects to the Canadian investor Brookfield Asset Management.
India’s Ministry of Finance has imposed a 25% safeguard duty on imports of solar cells and modules from Malaysia and the People’s Republic of China, starting tonight.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has entered into another major polysilicon supply deal, adding TBEA subsidiary, Xinte Energy Co to its supplier base in a new three-year purchasing agreement.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has annulled a 1GW solar auction that it held earlier this month and retendered just 500MW of PV capacity.
Karnataka Renewable Energy Development Limited (KREDL) has issued a tender for 150MWac of grid-connected solar projects at the Pavagada Solar Park on a build own and operate (BOO) basis.
