This May we had published a preliminary guide on expected GST rates for the rooftop solar industry. Now that the dust has settled, the final rates are clear. Below information serves as a ready reference for the GST rates applicable along with relevant HSN codes for the solar industry in India: (more…)
The world today faces four faceted energy challenges of supply, security, access and de-carbonization. In a highly interdependent world where renewable energy is becoming an increasing part of the global energy mix, this paper proposes global energy connectivity as an important part of the solution. We analyse the technical and political aspects of energy connectivity and present several case studies to be referred to by policy makers as they prepare for global energy connectivity.
Download complete paper: The Global Grid
The color of the global empire may well be green. ~ Yuval Noah Harrari
In his bestseller about the human species, Yuval Harrari makes a compelling argument about the direction in which we are headed. He states that slowly nationalism is being replaced by a deep global co-operation over matters that affect the entire humanity. Our deep sense of national identity is being over-ridden by our identification with the human species and the urge to save and sustain it.
This is obvious in the formation of groups such as the European Union and the United Nations, which transcend political boundaries.
Mr. Harrari argues that as it becomes easier to conduct business, transact culturally and economically across boundaries, countries will soon merge into a single unified empire.
Every empire requires a bedrock for collaboration- preservation of the Earth and environment as we know it will be the bedrock for our global empire. (more…)
The past few months were marked by substantial speculation around how GST will affect the solar industry. Sunkalp Energy had run a few analyses which had indicated a 12-15% increase in the cost of solar. Further we had made some recommendations for including solar and components in ‘zero’ lists.
This Friday the Government released final Goods and Services Tax (GST) rates under the new indirect tax regime proposed to be rolled out from July 1. Below GST rates will be applicable on solar goods:
- Solar Panel -5%
- Solar Cells -18%
In an enlightening discussion today at the Energy Conclave 2017, Piyush Goyal (MoS Power, Coal & RE) and Dharmendra Pradhan (MoS Petroleum & Natural Gas) talked about power being a significant part of India’s diplomatic efforts.
“Bhutan and Nepal have tremendous potential for hydro power, but they do not have enough consumption or load”, said Mr. Pradhan. Thus these countries are unable to economically develop hydel power plants just to cater to their own consumption (more…)