In the capex model, small consumers buy the solar PV systems encouraged by accelerated tax depreciation benefits. However, if the government phases out accelerated tax depreciation in 2017 as expected, consumers may no longer choose to buy solar PV systems. Read more
The RESCO model addresses household or commercial and industrial consumers’ reluctance to purchase solar PV systems due to technical performance risk, high capital costs and lack of access to debt finance by ensuring that they don’t need to pay anything Read more
New Delhi: As India looks to expand its renewable energy capacity, a new report from IEEFA on Thursday found that Rajasthan can play a key leadership role in the country’s transition to a low-cost, low-emission, profitable electricity system. Rajasthan’s installed renewable energy capacity reached 9.6 gigawatts Read more
The Uttar Pradesh government on Thursday said it plans to install 8,000 solar-powered borewells in coming days and 35 per cent of them would come up in the Purvanchal districts of the state. The districts set to benefit from the initiative include Balrampur, Shravasti, Siddharthnagar and Read more
Three southern states — Tamil Nadu, Andhra Pradesh and Telangana — that have strong renewable energy capacity account for about 71 per cent of outstanding dues from power distribution companies (discoms) to renewable energy producers. The country-wide overdue of Read more
OSLO: The Norwegian and Swedish energy ministers on Friday signed off on an amendment to their joint green power support scheme, which effectively closes down the system at the end of 2035, 10 years earlier than planned. The amendment formalises an earlier Read more
Amaravati: Fast-tracking mega solar power projects for the agriculture sector, the state government has sent tender documents to the Judicial Preview Commission (JPC). The tenders will be invited from the developers after getting the green signal from JPC. The government has Read more
As California aims to provide 60% of its energy from renewable sources by 2030 and 100% by 2045, a study from California Polytechnic State University provides some good news. Offshore winds along the Central Coast increase at the same time Read more
Southern Railway has identified 300 acres of vacant land and 160 acres of land alongside tracks to set up solar plants under power purchase agreement (PPA). The plants on vacant land will have a capacity of 67MWp and those alongside tracks will have a capacity of 40MWp Read more
Silicon solar cells are metallised with thin strips printed on the front and rear of a solar cell; these are called busbars and have the purpose of conducting the electric direct current (DC) power generated by the cell. Older solar Read more
Firstgreen Renewable Energy Updates