Solar modules sold in the European Union (EU) could be subject to lower value added tax (VAT) rates after an agreement was reached this week by finance ministers from across the bloc.
ACORE, SEIA and other green energy bodies urge US lawmakers to ease construction and safe harbor deadlines amid warnings pandemic may threaten ability to qualify for tax incentives.
Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.
NextEra Energy is suing the US Treasury Department for more than US$135 million claiming that it miscalculated grants owed to it for the Silver State Solar project in Nevada.
Environment Impact Assessment is not applicable to solar projects, Customs Duty concessions for solar projects will continue post GST, a guide to on and off-grid solar DC systems.
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.
Florida governor Rick Scott officially signed AB 90 into law on Friday – the bill that implement’s 2016 Amendment 4 by making solar and renewable energy equipment on commercial buildings exempt from property taxes for 20 years, beginning next year.