Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter and first half of 2017.
The renewable energy sector is quite content with GST provisions. Contrary to earlier fears of sale of solar equipment – panels, modules and inverters – being taxed at high rates, the GST on such sales has been set at 5 per cent.
A petition filed by the Indian Solar Manufacturers Association (ISMA) calling on India’s Directorate General of Anti-Dumping (DGAD) to introduce anti-dumping (AD) tariffs on solar imports from China, Taiwan and Malaysia comes at a critical time for the country’s solar industry, says Mercom Capital Group.
India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in India, which as of April 2017 account for 17.5 percent of the total energy source.
India’s RE sector is clearly the focus of investors. Impressive growth estimates being predicted by experts. Mercom and Bridge to India Forecasts 8-9 GW of Solar Installations in India for 2017. For 2016, Solar Installations to Come in at around 4 GW
India’s renewable energy sector especially solar and wind projects have clearly emerged as the two fronts drawing maximum investments with an intact and impressive growth story being predicted by exper