The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year.
Solar power plants in India had a combined output of 5.5 billion kWh in the second quarter, marking an 87% year-on-year increase, data by the Central Electricity Authority (CEA) shows.
Battery storage, smart grid, and energy efficiency companies received venture capital funding worth over USD 1 billion globally in the first half of this year, says a Mercom Capital Group report.
Battery Storage, Smart Grid, And Efficiency Companies Raise Over $1 Billion In VC Funding In 1H 2017, Reports Mercom Capital Group
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.
India’s latest solar auction, one of the biggest in the country, drew a surprisingly enthusiastic response with a big chunk of the 1,500 MW of projects on offer won by a state-owned mining company.
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
The Solar Energy Corporation of India (SECI) auctioned 100 MW of grid-connected solar photovoltaic (PV) capacity under the domestic content requirement (DCR) category at Ananthapuramu solar park in Andhra Pradesh, Mercom Capital Group, llc. (Austin, TX, U.S.) reports.