Solar projects, with their potential to combat climate change and promote sustainable energy solutions, have gained traction across the globe. Particularly in India, with its abundant sunlight and increasing energy demands, solar projects play a pivotal role in shaping the nation’s energy landscape. However, financing these projects is a challenging Read more…
The voluntary carbon market is a global marketplace where companies, individuals, and governments can voluntarily offset their greenhouse gas (GHG) emissions by purchasing carbon credits, known as voluntary carbon offsets, from projects that reduce or remove GHG emissions. In this article, we explore how voluntary carbon offsets are produced, the Read more…
sample multi-objective questions with answers for the Site Selection credit category of LEED BD+C: Question: Which of the following areas would be considered environmentally sensitive or protected areas that should be avoided during the site selection process?A) WetlandsB) BrownfieldsC) Flood-prone areasD) Areas with endangered species habitatAnswer: A, C, and D Read more…
In recent years, carbon markets have become a popular mechanism to tackle climate change. The concept is simple: polluters must pay to emit carbon dioxide, and those who reduce their emissions can sell credits to those who are unable to do so. The carbon market creates a financial incentive for Read more…
Prime Minister Narendra Modi on Friday said the country is on track to achieving its climate goals well before the target date as it switches over to energy-efficient mediums and uses waste to generate energy. Speaking after accepting the 2021 CERAWeek Global Energy & Environment Leadership Award for his commitment to energy Read more…
Lenders are averse to financing the cost of tariff barriers imposed by India to check cheap Chinese imports of solar equipment. Banks and financial institutions are not providing loans for payment of safeguard duty on solar cells, modules, inverters etc importd from China. The Central Electricity Regulatory Commission (CERC) since Read more…
Site-specific criteria and trade-offsThe site-specific criteria are similar to the criteria covered in the privious blog roof requirement for a Solar system. At this stage, a key question might be how to mount the solar PV system on the roof and if a system should perhaps be elevated.Depending on the Read more…
Successful Solar house system implementation requires collaboration among various parties. Profit, quality of life and social benefit are the driving forces for stakeholders. Key stakeholders in worldwide residential PV expansion are described in the following. Stakeholders Function Private owner or community User of residential PV system, initiator and organiser of Read more…
Various business models exist, mainly for grid-connected residential PV installations. A short overview is given below: Business model Description Self-consumption Residential owners produce electricity from solar PV and decrease their electricity costs; they become less reliant on utilities and can sell the excess electricity. Feed-in based System Read more…
Under this model, a third party—a solar power developer installs the plant on the rooftop and sells the generated power to the consumer. The consumer does not have to make any investment. The tariff at which the consumer buys the solar power is mutually agreed upon through a power purchase Read more…