Solar plants are one of the most popular investment projects. Investors should be able to expect safe returns and a stable earning, while operating costs remain manageable. Operational systems in particular are highly regarded. A bit out of focus are turnkey systems – unjustly, as can be seen on closer inspection.
The U.S. solar market continues to grow, albeit slowing down slightly. Remarkably low prices for utility-scale systems have encouraged this and led to an additional 2 GW of solar capacities in the first quarter of 2017 alone.
Last week we participated as exhibitors in the Intersolar Europe – the largest global trade fair dedicated to the solar industry. Our international team was excited to take part in discussions about our platform, extend our network and meet interested parties from all around the world.
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.
2016 was the strongest year ever for renewable energies. The growth of the PV sector consisted of a remarkable 71 GW and exceeded that of wind energy for the first time since 2013.
<< 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.
