India Posts

India’s first auction for solar and storage combination completed

India’s first auction for solar and storage combination completed

India has held its first auction for a utility-scale PV project combined with an energy storage facility. The local company Mahindra Susten won with their bid of 2.99 billion IDR (46 million USD).

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.

Solar market in India expected to almost double in 2017

Solar market in India expected to almost double in 2017

India seems to have overcome the rough patches its solar sector went through over the past years. With a variety of new projects and developments in sight, the future of the solar market in India is in fact one of the rosiest.