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Despite subsidy, Indian cities slacking on solar rooftop system

According to reports, despite a substantial subsidy offered by the government, installation of solar rooftop systems has been “dismal” in metros including Delhi and Mumbai, an analysis by a green body on Tuesday said. Rooftop solar systems are those in which electricity is generated by installing solar panels on rooftops of residential or commercial buildings. Greenpeace India in its new analysis – ‘Indian cities slacking on rooftop solar’ said that despite policies and net metering guidelines in several states, installation ... Read More »

NTPC’s auxiliary power may be sourced from domestic solar equipment

According to reports, despite facing flak at the World Trade Organisation (WTO) for the domestic content requirement clause in the National Solar Mission, the government is still looking at means to aid the solar equipment manufacturing industry. Towards this end, the NTPC may be mandated to meet its entire auxiliary power requirement through domestically manufactured solar equipment, a top government official told BusinessLine. The US had dragged India to the WTO three years ago for the domestic content requirements under ... Read More »

A tricky path to India’s solar-powered future

According to reports, a new tariff war is playing out in the Indian solar power space. Tariffs plunged to a new low of Rs2.44 per kilowatt-hour (kWh) last week during an auction for 500 megawatt (MW) capacity at the Bhadla solar park in Rajasthan. Tariffs in the solar space have declined significantly over the years and have come down from levels in excess of Rs 10 per kWh at the beginning of this decade to the present record lows, as capacity ... Read More »

AfDB to discuss solar alliance, export credits with India

According to reports, the International Solar Alliance (ISA), which was mooted by Prime Minister Narendra Modi, and the $10-billion export credits promised by India to African nations are among the major issues that will come up for discussion with Indian officials at the annual meeting of the African Development Bank that begins at Gandhinagar in Gujarat from May 22-26. Modi is scheduled to attend the event on May 23. “The India-Africa forum summit (in 2015) set the tone for a ... Read More »

Before sunlight turns shadowy

According to reports, the per unit price of solar power in India has dropped from ₹15 to ₹2.44 in 5 years In fact, it has fallen from ₹4.50 within one year. Has the technology improved so much in the solar sector to facilitate this fall? Has solar become commercially viable and attractive for everyone? Have government incentives enabled this price fall? How much further will prices fall in the next five years? Is this sustainable? If this sector is in ... Read More »

India eyes cooperation with Africa on international solar alliance

According to reports, India is eyeing cooperation with African nations on the International Solar Alliance (ISA) initiative and looking forward to deepen economic cooperation during the upcoming annual meetings of African Development Bank (AfDB) Group here from May 22. For the first time, India would be hosting the annual meetings of the bank here from May 22-26. The annual meet will be inaugurated by Prime Minister Narendra Modi on May 23. “India would seek to leverage this occasion to further deepen ... Read More »

International Solar Alliance to set up $300 bn fund

According to reports, the International Solar Alliance (ISA) is proposing to set up a $300 billion fund to support clean energy projects in member countries over the next 10 years. “The proposal is to strive for 300 billion dollar global fund over 10 year with contributions from the World Bank … and also from Green Climate Fund to leverage $3,000 billion investment from the corporate sector for meeting investment requirement for solar energy programmes and projects in ISA member countries ... Read More »

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