President Trump Imposes 30 Percent Tariff on Solar Cells and Modules, Now It’s India’s Turn

President Trump Imposes 30 Percent Tariff on Solar Cells and Modules, Now It’s India’s Turn

President Trump today revealed the much-anticipated anti-dumping tariffs on imported solar cells and modules at 30 percent for the first year, which will gradually decline in five percent increments over a ...
/ Markets & Policy, Solar
YES Bank to Finance Solar Projects Worth $5 Billion by 2030

YES Bank to Finance Solar Projects Worth $5 Billion by 2030

YES Bank, an Indian private sector bank, is planning to mobilize up to $1 billion (~₹64 billion) to finance  solar photovoltaic (PV) projects in the country by 2023 and $5 billion ...
/ Markets & Policy, Solar
Arbitration in India-US Solar DCR Case May Extend Beyond 60 Days

Arbitration in India-US Solar DCR Case May Extend Beyond 60 Days

The ongoing trade rift between India and the United States over the solar Domestic Content Requirement (DCR) category has been referred to arbitration, but the complexity of the case suggests ...
/ Markets & Policy, Solar
Husk Power Systems Receives $20 Million Investment to Expand Mini-Grid Projects in Asia and Africa

Husk Power Systems Receives $20 Million to Expand Mini-Grid Projects in Asia and Africa

Husk Power Systems, a renewable utility company working towards rural electrification, has received an equity investment worth $20 million to expand the renewable mini-grid business in Africa and Asia. Husk ...
/ Off-grid, Solar
India Rejects U.S. Claims in DCR Case at WTO

India Rejects US Claims in DCR Trade Case at the WTO

The back and forth between India and the U.S. regarding the protectionist Domestic Content Requirement (DCR) program continues. A month after the U.S. argued that India did not abide by ...
/ Markets & Policy, Solar
ISA Poised to Become a Treaty-Based International Intergovernmental Organization

ISA Poised to Become a Treaty-Based International Intergovernmental Organization

The International Solar Alliance (ISA) is poised to become a treaty-based international intergovernmental organization on December 6, 2017, once Guinea ratifies the organization’s framework agreement. Guinea will become the fifteenth ...
/ Markets & Policy, Solar
Enphase Energy Opens Indian R&D Center in Bangalore

Enphase Energy Opens Indian R&D Center in Bangalore

Enphase Energy, a global energy technology company and microinverter supplier, opened its first Indian research and development (R&D) center in Bangalore, Karnataka, on December 3, 2017. “I am pleased to ...
/ Inverters & BOS, Solar
SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

Solar energy consultancy SgurrEnergy India is celebrating 10 years of delivering engineering and consultancy services to solar projects in India. The company has over 100 customers and is involved in ...
/ Markets & Policy, Solar
Top India Solar and Power Related Apps for Download

Top India Solar and Power Related Apps for Download

Project developers, policymakers, government officials, manufacturers, and suppliers in the power and renewable energy industry all agree that need for transparency and lack of awareness among consumers is a big ...
/ Grid, Smart Grid
Indian Solar Installations Totaled a Record 2.2 GW in Q3

Indian Solar Installations Totaled a Record 2.2 GW in Q3 as Uncertainties Loom

Indian solar installations totaled 2,247 MW in Q3 2017, up 300 MW from Q2 according to the recently released India Solar Market Update by Mercom India Research. However, like in ...
/ Markets & Policy, Solar
ABB India Results

ABB India Sees After-Tax Profits Rise by 18% in Q3 2017

Consistent cost structure improvements helped ABB India boost its after-tax profits by 18 percent year-over-year to ₹830 million (~$12.8 million) in the third quarter of 2017, despite seeing its revenue ...
/ Other, Press Releases
ABB Developing Solar Charging Stations for E-Rickshaws in Jabalpur

ABB Developing Solar Charging Stations for E-Rickshaws in Jabalpur

ABB is teaming up with transportation officials in the city of Jabalpur to help create a network of solar-powered charging stations that will be used to power e-rickshaws. ABB has ...
/ Electric Vehicles, Energy Storage
india new power generation capacity

Solar and Wind Account for Over 60% of New Power Capacity Additions in India as of 9M 2017

Solar and Wind accounted for majority of new power capacity additions with renewable energy installations accounting for almost 19 percent of the country’s total installed power as of September 30, ...
/ Uncategorized
Cleantech Solar, responsAbility to Provide Loan for Rooftop Solar Projects in Asia

Cleantech Solar, responsAbility to Provide $20 Million Loan for Rooftop Solar Projects in Asia

Cleantech Solar, a Singapore-based solar energy provider, and responsAbility have joined forces to increase the momentum of rooftop solar energy adoption in South-East Asia and India. A responsAbility-managed climate fund ...
/ Finance and M&A, Solar
Maruti Suzuki and Nissan

Maruti Suzuki and Nissan Prepare to Enter India’s EV Market

Maruti Suzuki and Nissan, two carmakers that many Indians are familiar with are making separate plans to enter the electric vehicle (EV) market in India. According to Press Trust of ...
/ Electric Vehicles, Energy Storage
REC Solar Exec: Shift Towards Quality is Fueling Our Growth

REC Solar Exec: Shift Towards Quality is Fueling Our Growth

Anti-dumping investigations are underway in the U.S. and India – two of the world’s largest solar markets – and it appears likely to result in the imposition of tariffs. The ...
/ Markets & Policy, Solar
Wartsila Enters Energy Storage Solutions Market

Wartsila Enters Energy Storage Solutions Market in India

Finnish power conglomerate Wartsila, has announced its entry into the Indian energy storage market. The acquisition of Greensmith Energy Management Systems, a developer of grid-scale energy storage software and integrated ...
/ Energy Storage, Market & Policy
TUV Rheinland Expands in India

TUV Rheinland Expands in India with a €2.5 Million Solar PV Testing Facility

TUV Rheinland India has expanded its footprint in India with the opening of a €2.5 million (~₹192.6 million) facility in Bangalore to test Solar PV and other technologies. The company ...
/ Markets & Policy, Solar
Solar Imports and Exports

Solar Imports Fell by 9 Percent Quarter-over-Quarter in Q2 2017, Ahead of Anti-Dumping Recommendations

In the second quarter (Apr-Jun) of 2017, export and import activity totaling $1.24 billion (~₹ 79.9 billion) was registered in the Indian solar sector. This was $124.08 million (~₹11.1 billion) ...
/ Markets & Policy, Solar
Enphase Energy

Enphase Energy Expands into India

Enphase Energy, a microinverter supplier for solar rooftop systems, has expanded into India and established offices in Chennai. The company appointed Venkata Mukundarajan in Chennai as its strategic account manager ...
/ Inverters & BOS, Solar
National Thermal Power Corporation

NTPC Tenders 250 MW of Solar Under DCR Category

National Thermal Power Corporation (NTPC) tendered 250 MW of solar under the domestic content requirement (DCR) category. This is a global tender and anyone can participate. The bid-submission deadline is ...
/ Solar, Tenders & Auctions
Rs.670 Million Approved for Solar Cities Program

Rs.670 Million Approved for Solar Cities Program

The Minister of Power Mr. Piyush Goyal announced in the upper House of Parliament that Rs.670 million (~$9.88 million) has been approved to develop solar cities across India. Under this ...
/ Markets & Policy, Solar
Global Solar Installations

Led by China, the United States and Japan, Global Solar Installations to reach Approximately 66.7 GW, reports Mercom Capital Group

Mercom Capital Group, llc, a global clean energy communications and consulting firm, forecasts global solar installations to reach 66.7 GW with China, the United States, Japan and India to make ...
/ Solar
SOLAR INSTALLATIONS FORECAST

Mercom Capital Group Updates Global Solar Installations Forecast to Approximately 46 GW in 2014

Demand outlook for the solar industry remains strong and global solar installations are forecasted to be around 46 GW in 2014, according to the latest quarterly update from Mercom Capital ...
/ Markets & Policy, Solar
Mercom Capital Group Updates Indian Solar Installation Forecast to About 1 GW in 2014

Mercom Capital Group Updates Indian Solar Installation Forecast to About 1 GW in 2014

Indian solar installations are forecast to be approximately 1,000 MW in 2014, according to Mercom Capital Group, llc, a global clean energy communications and consulting firm. Solar installations in India ...
/ Solar, Utility Scale