Monthly Archives - January 2019

A DECLINE IN SOLAR GROWTH: ROOT CAUSE ANALYSIS

Although India currently has ~24 GW of installed grid-connected solar power capacity, the country needs to install near about 18 GW of solar energy capacity for the next 4 years to reach the set 100 GW target. In such a scenario, slowing down solar panels installations should be considered...

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CERC PROVIDING GST RELIEF: A GREAT MOVE BUT MORE EFFORTS NEEDED FOR SOLAR GROWTH

Central Electricity Regulatory Commission’s (CERC) recent order to allow reimbursement of additional GST under “Change in Law” for two project developers due to introduction of GST law, can be considered a progressive decision. According to the decision, solar energy project developers (SPD) would receive a total of ₹2,153.9 (~$30.1)...

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