Following rapid growth across the industry in 2016, the United States solar market added 2,044 megawatts of new capacity in the first quarter of 2017. As installations grow, prices continue to fall to new lows, with utility-scale system prices dropping below the $1 per watt barrier for the first time, according to GTM Research and the Solar Energy Industries Association’s (SEIA) latest U.S. Solar Market Insight Report.
IBC SOLAR Energy, the International Project Development division of IBC SOLAR AG has announced the grid connection of two solar projects in Japan. The solar parks with a capacity of 3.5 MW were installed in the prefectures of Saitama and Ibaraki.
For the fourth time running, the panel of judges presented the ees AWARD to the most innovative concepts and solutions from the energy storage industry on the basis of criteria such as the level of innovation and economic viability. This year’s winners are Solarwatt, LG Chem and Energy Depot Deutschland.
The Intersolar AWARD is celebrating its anniversary: For the tenth time running, the panel honored particularly groundbreaking solutions. Submissions were invited for products, services, concepts and solutions which have already been tested and are being presented for the first time, or which expand the use of existing technologies in an innovative way.
Last week, we wrote that the proposed 18% Goods and Service Tax (GST) on solar modules could cause major disruption in the industry and affect over 10 GW of projects. Following uproar in the industry, India’s revenue secretary, Hasmukh Adhia, has clarified that the rate of tax on solar modules should be 5% and not 18%. He said that an official clarification in this regard may be issued on June 3 when the GST council meets next. Earlier last week, secretary for Ministry of New and Renewable Energy (MNRE) had also issued a statement that the 18% rate on solar modules seems to be an anomaly and that it should be corrected.
OneShore Energy, a Berlin-based start-up specializes in the analysis, planning and operation of solar-diesel hybrid plants has been acquired by BayWa r.e. With this acquisition the company is further expanding its commitment to off-grid solutions.
The Indian government has released new regulations that could severely affect the Indian PV boom: The Goods and Services Tax (GST) rates have been raised under the new indirect tax regime to a rate of 18 %.
Photovoltaic Feed