US Extends 26% Solar Investment Tax Credit Until 2022

US Extends 26% Solar Investment Tax Credit Until 2022

The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the residential, commercial, industrial, and utility-scale segments ...
U.S. Solar Energy Industries Association Prepares Policy Agenda for Biden Government

US Solar Energy Industries Association Prepares Policy Agenda for Biden Government

The Solar Energy Industries Association (SEIA) of the United States announced that it has prepared a legislative and executive agenda for 2021. SEIA asked President-elect Biden and the new Congress ...
/ / Markets & Policy, Solar
EV, China, Subsidy, Exemptions, Tax, Policy

China Likely to Improve its Subsidy Policy for Electric Vehicles

The Ministry of Finance of the People’s Republic of China has issued a notice on ways to promote financial subsidies for new electric vehicles. The ministry said it had issued ...
Africa’s Mali Announces Tax and Duty Exemptions on Renewable Energy Equipment

Africa’s Mali Announces Tax and Duty Exemptions on Renewable Energy Equipment

The Republic of Mali, a country in West Africa, has announced that it will exempt renewable energy equipment from value-added taxes (VAT), duties, and other taxes to boost the reduction ...
Cochin Port Tenders a 350 kW Rooftop Solar Project at its Premises

Impact of Basic Customs Duty on Solar Cells and Modules: Winners and Losers

Basic customs duty (BCD) on the import of solar cells and modules was announced at 20% in the Union Budget for 2020-21. While the exemption on this duty remains in ...
MNRE Issues New Rooftop Solar Benchmark Costs for 2019-20

MNRE Issues New Rooftop Solar Benchmark Costs for 2019-20

The Ministry of New and Renewable Energy (MNRE) has notified the new benchmark costs for grid-connected rooftop solar power projects for the financial year (FY) 2019-20. The new benchmark costs ...