Solar Subsidies & Financing Posts

Indian government plans support program for domestic solar manufacturing

Indian government plans support program for domestic solar manufacturing

India’s Ministry of New and Renewable Energy wants to support domestic manufacturing of solar cells and modules. For this, a special program has been developed, the second phase of which has now commenced.

India: Only 5% GST on solar modules instead of 18%

India: Only 5% GST on solar modules instead of 18%

The solar industry is relieved by the recent likely decision of the GST council in India to levy only 5% tax on solar panels instead of 18% proposed earlier. This could mean only a marginal rise in solar power projects costs.

India: unclear GST tax leaves industry puzzled

India: unclear GST tax leaves industry puzzled

<< UPDATE: Meanwhile, the GST was lowered to 5% instead of 18%. >> The Indian government is planning on an 18% tax for solar cells and modules as part of the new Goods and Service Tax (GST) Bill. However, this number is considered bewildering by many and is highly discussed. The final tax might eventually be an entirely different one.

PV installations with storage are now encouraged in Czech Republic

PV installations with storage are now encouraged in Czech Republic

Until end of May, Czech companies can apply for funding if they are planning a PV installation with a storage option. This is meant to increase the available storage capacities, as 5 kw/h of battery storage is required for every kilowatt of PV power.

Bilateral PPAs: the rising stars on the PV sky

Bilateral PPAs: the rising stars on the PV sky

There is a variety of ways to invest in, make use of and benefit from renewable energies. An up-and-coming option are bilateral PPAs: power-purchase agreements that allow a consumer to buy and use power from a project developed by a third party. We have looked at bilateral PPAs from all angles.

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