India’s tax reform enacted but confusion remains on solar equipment

India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.

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Indian government claims grid integration of 175GW of renewables is possible

India’s famously weak grids should be able to integrate the planned addition of 175GW of renewable energy by 2022, according to a report released by the central government.

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India’s Rural Electrification Corp to raise US$450 million in Green Bonds

Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.

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Hanwha and BCG Bang Duong partner on 100MW Vietnam solar project

Vietnam-based infrastructure investment firm BCG Băng Dương and Korea’s Hanwha Group have partnered to develop and build a 100MW solar PV project in Thanh Hoa district, Long An, Vietnam.

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Korea Development Bank raises US$300m in first Green Bond issuance

South Korean government-owned financial institution Korea Development Bank (KDB) has issued its inaugural Green Bonds to raise US$300 million.

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Tamil Nadu issues RfP for 500MW solar power park development

The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposals (RfP) for the development of another 500MW of solar park in the south Indian state.

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India drops financial package for domestic PV manufacturers

Plans for a major financial package to support India’s domestic PV manufacturers have been cancelled by the Indian government in order to be reshaped for the current state of the industry, according to a source close to the issue.

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US and India agree December date to shut down India’s local content solar policy

Delegations from the US and India have agreed that India has until 14 December this year to enact the ruling of the World Trade Organisation (WTO) against its local content policy for solar equipment.

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Energy Renaissance building 1GWh of lithium-ion battery storage manufacturing in Darwin, Australia

Energy Renaissance is constructing a 1GWh per annum lithium-ion battery storage manufacturing plant at Darwin, in the Northern Territory of Australia, while CEFC has financed a 2Mtpa lithium concentrate mining project in Western Australia.

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Uttar Pradesh targets 10.7GW solar with 4.3GW on rooftops under draft solar policy

The Indian state of Uttar Pradesh is targeting 10.7GW of solar power by 2022, with 4.3GW from rooftop, under its draft ‘Solar Power Policy 2017’.

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ADB partnering Cambodia utility for 100MW solar park programme

The Asian Development Bank (ADB) is collaborating with Cambodian state-run energy utility Electricite Du Cambodge (EDC) to set up a 100MW national solar park programme.

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