A quick review of solar endowed major state policies shows that a majority of these states have put the onus of acquiring land (and changing its purpose of use if needed) on the developers S.No. Policy Land 1 Gujarat Solar Power Policy 2015 The developer is responsible for obtaining the Read more…
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…
MNRE is also promoting off-grid renewable energy systems and solutions especially in the rural and remote areas of the country. The off-grid systems are significant from the perspective of hot water requirements of the residential, commercial and industrial sector, cooking energy needs in the rural areas, lighting needs in remote Read more…
In grid-connected rooftop or small SPV system, the DC power generated from SPV panel is converted to AC power using a power conditioning unit and is fed to the grid either of 33 kV/11 kV three-phase lines or of 440V/220V three/single phase line depending on the local technical and legal Read more…
Solar Rooftop System provides following technical benefits: Utilization of available vacant roof space; Low gestation period; Lower transmission and distribution losses; Improvement in the tail-end grid voltages and reduction of system congestion; Loss mitigation by utilization of distribution network as a source of storage through net metering; Long term energy Read more…
Net Metering Net metering systems are primarily aimed at providing an opportunity to consumers to offset their electricity bills, wherein a single meter records both import of conventional energy from distribution grid and export of solar energy into distribution grid. Thus, net metering allows the final user to credit produced Read more…
In India principally there are two major business models:1. Capex: Capital expenditures are provided by the rooftop owner;2. Resco: Capital expenditures are covered by third party. CAPEX Model CAPEX mode is the most common business model for solar deployment in India. In this model the consumer purchases the solar system, Read more…
Under this arrangement, the RESCO developer leases the rooftop and pays a fixed lease/rental to the building owner over the time of the lease period for installing the solar panels of the rooftop. The RESCO developer exports the solar energy to the utility at a predetermined feed-in-tariff (FiT) approved by Read more…
Government of India has taken an ambitious targets of 100,000 MW of solar power by 2022 out of which 40,000 MW is to be achieved through Rooftop Solar (RTS) power plants as per the clean climate commitments. Realizing our immense RTS potential and the ambitious targets, MNRE had launched Grid Read more…
As no Central financial subsidy is now available for commercial and industrial sectors, MNRE initiated the proposal for multilateralconcessional loans from the World Bank (WB), Asian Development Bank (ADB) and New Development Bank (NDB) to support RTS project developers. All the three multilateral banks have approved proposal for$1370million concessional loans Read more…