The global solar rooftop market has been growing at a rapid pace, and several countries have been successful in implementing policies that incentivize solar rooftop installations. One of the key factors that determine the success of these policies is the tariff settlement mechanism. In this article, we will discuss some Read more
India’s solar rooftop sector is witnessing rapid growth, thanks to the government’s various policies and schemes. Besides the central government, several states have also formulated their policies and regulations to promote the installation of solar rooftop systems. These policies aim to incentivize consumers and businesses to switch to solar power Read more
Solar rooftop projects have gained significant momentum in India over the past few years, owing to the government’s initiatives and support. One of the key factors that have contributed to the growth of rooftop solar installations is the availability of fiscal and financial incentives. These incentives are offered by the Read more
Guwahati: In a bid to make educational institutions self-sufficient in solar power, IIT Guwahati, in collaboration with AICTE, has completed the installation of solar- power projects in the northeast, which are yielding 416KW of power to help laboratories, offices, and streetlights to function uninterrupted in 27 AICTE affiliated institutions.
Following blatant abuse of the program, the Central Board of Indirect Taxes and Customs (CBIC) has revoked the concessions it had granted under the bonded warehouse scheme, which had allowed solar developers to postpone paying the high import duties on solar cells and modules that became effective on 1 April.
Due to increased demand for electricity, the power sector and power producing companies are experiencing increased electricity production by means of renewable energy sources (RES) and distributed generation (DG). The major issue arises for a common man when their monthly bills pile up. One solution recommended by the government is to utilize solar energy as a substitute.
About 90% of the electricity in India is traded through bilateral PPAs between the electricity generators and the Discoms. The exchanges typically trade power on a spot rate and day-ahead market basis. However recently CERC has allowed the trading contracts for a max duration of three months in exchange. In Read more
The previous decade will be known for the transition of the power sector from the conventional coal-based plants toward renewable sources such as solar, wind, etc. For the first time ever, the renewable energy capacity addition overtook the capacity addition of the conventional sources. While the renewable energy sector showed Read more
The decision to simplify the rooftop solar scheme was taken in a review meeting chaired by the Union minister of power and New & Renewable energy R K Singh on Jan 19, 2022, as per a statement by the ministry. According to the statement, after the review, the minister gave Read more