FirstGreen Solar Academy
How to achieve financial closure for your solar project..?
Firstgreen webinar on Bankability and financing of solar projects Firstgreen regularly hosts webinars to solar industry professionals to share the latest developments in the solar sector. This webinar is aimed on bankability & financing for solar projects. Many projects in India struggle to raise the non recourse debt for their Read more…
FirstGreen Solar Academy
Land Charges in Solar Parks in India
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…
FirstGreen Solar Academy
ROOFTOP POLICY ACROSS STATES
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.
FirstGreen Solar Academy
POLICY FOR HOUSEHOLD SOLAR ROOFTOP
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…
FirstGreen Solar Academy
NATIONAL WIND-SOLAR HYBRID POLICY
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…
FirstGreen Solar Academy
Unpredictable rains and sudden storms are new risk to India’s renewables goals
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…
FirstGreen Solar Academy
Opinion | Renewable hybrid energy systems as a game changer
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…
FirstGreen Solar Academy
Fotowatio Renewable may seek a new buyer for India solar business
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…
FirstGreen Solar Academy
Producers plan legal battle after GST rate for solar power projects fixed at 18%
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…