Solar parks were designed to reduce the bottlenecks and bring down the cost of large- scale solar development. Developers pay for multiple heads of land development charges like land application fees (non-refundable one time), upfront development fee, annual leases of land, annual operation and maintenance charge, stamp duties for registration Read more…
In 2016, Government of India released model building bye-laws and issued an amendment in the Environment Impact Assessment (EIA) Notification, 2006 in order to promote and encourage solar rooftop systems in the building sector.The EIA Notification (which states are required to integrate with their building bye-laws) mandates all buildings spread Read more…
The limit on the capacity of an individual solar rooftop system variesacross states. A consumer in Delhi can install a system of a capacitymatching his sanctioned load; in Madhya Pradesh, the maximum capacityof the system can only be 50 percent of the load.
The Ministry issued National Wind-Solar Hybrid Policy on 14th May, 2018. The main objective of the policy is to provide a framework for promotion of large grid connected wind-solar PV hybrid system for optimal and efficient utilization of wind and solar resources, transmission infrastructure and land. The wind – solar Read more…
India recently conducted two auctions for wind/solar hybrid projects. Both the auctions were under-subscribed, with bids totalling 1.56GW awarded to SB Energy, Adani Green Energy and ReNew Power, against a total of 2.4GW on offer. The discovered prices were marginally below the ceiling tariff of ₹2.70. Although the initial response from Read more…
India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are damaging renewable energy projects, threatening a business which survives on wafer-thin margins. A storm in India’s Rajasthan state, known for its deserts and Read more…
1. Introduction Government of India is encouraging adoption of solar energy by every Indian. To promote convenient adoption and use of solar energy, public sector banks & private banks have been given statutory instruction by Ministry of Finance to offer loan at reasonable cost as per Government of India & Read more…
New Delhi: The solar industry is headed for a legal battle as the ruling that set the goods and services tax (GST) rate for solar power projects at 18% has come as a dampener for the industry already facing import duty on solar panels. Maharashtra’s appellate authority for advance ruling (AAAR) Read more…
MUMBAI : Fotowatio Renewable Ventures(FRV), the largest Arabian green energy utility, is likely to seek a new buyer for its Indian solar business following delays in the ongoing negotiations with Rahul Munjal’s Hero Future Energies, said three people aware of the development, requesting anonymity. FRV, owned by Abdul Latif Jameel Energy and Read more…
Calls by homeowners to protect their solar panels against the potential impact of neighbours’ extensions have prompted a review of planning policy. There is currently no legislation to protect residents who have invested in panels in the expectation of financial returns. Milton Keynes Council is to examine planning rules after Read more…