India’s leading solar manufacturers have extended support to the government’s Atma Nirbhar Bharat Abhiyan and sought the Prime Minister’s (PM’s) support to provide a level-playing field for realising the full potential of the sunrise sector. Industry players such as Vikram Solar, Webel Solar, and Renewsys in a joint virtual press briefing on Monday also said Read more…
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…
Small amounts of electricity generated by residential PV systems can be easily fed into the local utility grid. Transformer capacity, appropriate grounding and system protection are obligatory, as otherwise the grid itself would be affected. The situation changes if the solar PV-generated electricity is beyond the limit of what an Read more…
The performance ratio is a measure of the quality of a PV plant that is independent of location and it therefore often described as a quality factor. The performance ratio (PR) is stated as percent and describes the relationship between the actual and theoretical energy outputs of the PV plant. Read more…
In Leasing model, the contracting party may either make available space on his or her property for installation of a PV system without the right or obligation to consume the electricity generated and be remunerated at a certain leasing rate, or may enable installation of a PV system on the Read more…
A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost. The developer sells the power generated to the host customer at a fixed rate that Read more…
KEY POINTS: Is the owner of the roof the owner of the solar PV system? Have you assessed the revenue streams or avoided costs of the project? Have you assessed system configuration options for a specific project? Are you aware of the costs of the different system configurations? Do you Read more…
The formula for calculating the electricity demand in kWh is: Demand = power consumption per hour x operating hours per day Equipment Power consumption Assumed operating hours per day No. of equipment Power consumption per day Lighting 25 W 3 h 5 375 Wh Lighting (LED) 6 W per Read more…