Solar rooftops need financing, not sops
9 years, 11 months ago

Solar rooftops need financing, not sops

The Hindu  

The solar industry believes access to finance, not sops, will be key for rooftop installations to take off, as it remains unruffled by the government’s recent proposal to cut subsidy. The firm projects India’s rooftop solar market capacity to reach 1500 MW by 2018, from 285 MW as of October 2014, driven mainly by commercial and industrial segments. Centre has planned to cut the subsidy on rooftop solar plants to 15 per cent from 30 per cent due to decline in price of solar panels, large target set for rooftop solar power plant and limited availability of funds for subsidy. Centre has set an ambitious target of adding 40,000 MW by 2022 in rooftop segment Of the 358 MW rooftop solar projects sanctioned by MNRE so far, only 42 MW of rooftops have been installed. Centre has planned to cut the subsidy on rooftop solar plants to 15 per cent from 30 per cent The industry does welcome the RBI’s recent move to bring the renewable sector under the ambit of priority sector lending but it now wants the financing process to be free of hassles.

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History of this topic

A.P. to set up two million roof-top solar units in a year
4 days, 10 hours ago

A.P. to set up two million roof-top solar units in a year

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu has said that the State government has set a goal of setting up 10,000 rooftop units in each Assembly constituency under the PM Surya Ghar scheme. The district Collectors have to take steps to set up 2 million rooftop solar units in the State this year, he said during the third Collectors’ conference …

TG expects Centre’s boost to achieve its renewable energy goals by 2030
1 month, 4 weeks ago

TG expects Centre’s boost to achieve its renewable energy goals by 2030

Deccan Chronicle  

HYDERABAD: Driven by the twin objectives of reducing dependence on imported fossil fuels to check the outflow of foreign exchange and meeting its commitments to decarbonisation and sustainability, the Union Budget has laid emphasis on advancing green energy initiatives by proposing an additional `10,000 crore for the renewable energy sector. Union finance minister Nirmala Sitharaman stated that a substantial amount …

One year down, 8.5% of targeted households have rooftop solar installations
2 months ago

One year down, 8.5% of targeted households have rooftop solar installations

The Hindu  

Nearly a year after the Centre launched the ₹75,000 crore PM Surya Ghar scheme, 8.5 lakh households have installed rooftop solar connections, Union Minister for New and Renewable Energy, Pralhad Joshi, said at a public event on Wednesday. Only five lakh installations, of a total 20 lakh applications made on the Surya Ghar portal, had been completed as of October …

MP, Collector urge public to install solar panels on roof tops
2 months ago

MP, Collector urge public to install solar panels on roof tops

The Hindu  

Every citizen should register their names for solar panel installations on their roof tops as part of the Central scheme ‘PM Surya Ghar: Muft Bijili Yojana’ for a greener future, said NTR District Collector G. Lakshmisha and Vijayawada MP Kesineni Sivanath. The duo participated in an awareness rally held from the NTR Circle to Guru Nanak Colony in Vijayawada on …

Maharashtra to provide additional subsidy to EWS for rooftop solar panels
2 months, 2 weeks ago

Maharashtra to provide additional subsidy to EWS for rooftop solar panels

Deccan Chronicle  

MUMBAI: In a bid to promote rooftop solar power in economically weaker sections of society in Maharashtra, Devendra Fadnasiv government will bring a new policy in a fortnight. The state government will give subsidies to purchase solar panels on line of the central government’s “PM Surya Ghar Muft Bijli Yojana” to consumers from weaker sections. In a recently held review …

Gujarat leads India in solar rooftop installations under PM Surya Ghar Muft Bijli Yojana
3 months, 3 weeks ago

Gujarat leads India in solar rooftop installations under PM Surya Ghar Muft Bijli Yojana

New Indian Express  

As part of its ambitious renewable energy goals, the Union Government aims to achieve 1 crore rooftop solar installations in the residential sector by 2027. A senior official remarked, “The PM Surya Ghar Muft Bijli Yojana aligns with India’s broader goals of transitioning to clean energy, reducing carbon emissions, and empowering citizens with affordable and sustainable power. This initiative will …

Andhra Pradesh Govt Signs Solar MoU With NVVN
7 months, 2 weeks ago

Andhra Pradesh Govt Signs Solar MoU With NVVN

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu on Wednesday signed an MoU for the solarization of government buildings with the support of NTPC Vidyut Vyapar Nigam Limited. Naidu said the government of Andhra Pradesh is keen to promote solar rooftop systems in the domestic sector and government institutions under the PM Surya Ghar scheme launched by the Centre. The NTPC Vidyut …

NTPC subsidiary signs MoU to install solar rooftop panels on govt. buildings in Andhra Pradesh
7 months, 2 weeks ago

NTPC subsidiary signs MoU to install solar rooftop panels on govt. buildings in Andhra Pradesh

The Hindu  

NTPC Vidyut Vyapar Nigam Limited, a wholly owned subsidiary of NTPC Ltd., has entered into a Memorandum of Understanding with Non-Conventional Energy Development Corporation of Andhra Pradesh Limited in the presence of Chief Minister N. Chandrababu Naidu and Energy Minister Gottipati Ravi Kumar. It is proposed to implement 300 MW solar rooftop systems in government buildings in the first phase. …

Why the U.S. government is spending $7 billion on solar for low-income homes
7 months, 4 weeks ago

Why the U.S. government is spending $7 billion on solar for low-income homes

NPR  

Why the U.S. government is spending $7 billion on solar for low-income homes toggle caption Mario Tama/Getty Images PITTSBURG, Calif. — On a hot afternoon in a suburb of San Francisco, Hugo Salas stands in the middle of the street looking up at the reason why his electric bills are so low. By funding programs that provide rooftop solar panels, …

Rooftop solar scheme is a great initiative. Let’s secure its implementation
1 year ago

Rooftop solar scheme is a great initiative. Let’s secure its implementation

Live Mint  

Recent months have seen significant developments in India's rooftop solar landscape. In early January, the ministry of new and renewable energy raised the subsidy for solar rooftops from ₹18,000 to ₹20,000 per KW for 1 KW systems. On January 21, the government simplified rooftop solar implementation rules, followed by Prime Minister Narendra Modi's announcement of the PM Suryodaya Yojana on …

Solar power scheme gets Modi Cabinet's nod, Rs 60,000 subsidy, 300 units free for 1 crore homes
1 year, 1 month ago

Solar power scheme gets Modi Cabinet's nod, Rs 60,000 subsidy, 300 units free for 1 crore homes

India TV News  

Families will get up to Rs 60,000 subsidy for setting up rooftop solar panel systems, and 300 units of free electricity under Centre's mega push for switching to solar power after the Modi cabinet gave its approval for PM-Surya Ghar: Mufti Bijli Yojna. The government will invest Rs 75,021 crore, under which one crore households will get financial assistance for …

India wants to hook its population onto clean energy by boosting rooftop solar
1 year, 1 month ago

India wants to hook its population onto clean energy by boosting rooftop solar

Associated Press  

BENGALURU, India — Just a few years ago, someone who wanted to install a rooftop solar connection in India faced getting multiple approvals, finding a reliable company to install the panels and spending heavily before seeing the first surge of clean energy. “We had to get 45 signatures to set up a small rooftop solar connection in 2021,” said Shreya …

Rooftop Solar Scheme Can Double the Capacity
1 year, 1 month ago

Rooftop Solar Scheme Can Double the Capacity

Deccan Chronicle  

Despite healthy growth, solar rooftop capacity has touched only 11 GW in the past five years. The rooftop solar capacity in the past five years increased to 11.1 GW as of December 2023 from 1.8 GW as of March 2019. The pace of installations in the rooftop solar segment has been constrained by various implementation challenges including delays in providing …

A sunshine initiative: The Hindu Editorial on the government’s rooftop solar panel plan
1 year, 1 month ago

A sunshine initiative: The Hindu Editorial on the government’s rooftop solar panel plan

The Hindu  

Finance Minister Nirmala Sitharaman’s interim Budget day speech reiterated a plan by Prime Minister Narendra Modi to supply power to one crore households in the country using rooftop solar panels. What is known so far is that households that have a monthly electricity consumption of less than 300 units a month will be able to install a mid-sized system with …

Budget 2024 | One crore households to get 300 units free electricity every month through rooftop solarisation
1 year, 1 month ago

Budget 2024 | One crore households to get 300 units free electricity every month through rooftop solarisation

The Hindu  

Taking cue from Prime Minister Narendra Modi’s assurance following the Ayodhya temple consecration that one crore households will be electrified via rooftop solar installations, Union Finance Minister Nirmala Sitharaman in her Interim Budget 2024-25, reiterated that commitment. “Through rooftop solarisation, one crore households will be enabled to obtain up to 300 units free electricity every month. Limited consumption India’s low …

Rooftop Solar Program - Budget 2024: Free Electricity to 1Crore Houses, Saving ₹18,000 Crore Annually
1 year, 1 month ago

Rooftop Solar Program - Budget 2024: Free Electricity to 1Crore Houses, Saving ₹18,000 Crore Annually

The Hindu  

The rooftop solar programme of the Central government will enable one crore houses to get 300 units of free electricity every month, Union Finance Minister Nirmala Sitharaman announced on Thursday as she presented the interim Budget 2024. “Savings of ₹18,000 crore are expected for households annually through free energy and selling their excess generation to the grid,” the Finance Minister …

Despite subsidies rooftop solar still too expensive: study
1 year, 4 months ago

Despite subsidies rooftop solar still too expensive: study

The Hindu  

India’s low uptake of rooftop solar systems – often touted as the pathway to clean, decentralised electricity –is largely due to limited electricity consumption and existing subsidies for coal-fired electricity that makes even subsidised solar power expensive, suggests the results of a first-of-its-kind study spanning 14,000 households across 21 states. Were all rooftops in India’s estimated 25-30 crore households to …

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel
2 years ago

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel

The Hindu  

A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India’s renewable energy capacity target of 175 GW by 2022. However, it should also be mentioned that whatever shortfall has occurred in achievement of the target that is because of low installation of solar roof-tops and wind energy …

Editorial: The new plan to slash rooftop solar incentives is better — but still too extreme
2 years, 4 months ago

Editorial: The new plan to slash rooftop solar incentives is better — but still too extreme

LA Times  

Nearly a year after announcing a plan to gut California’s successful rooftop solar incentive program, state regulators have released a revised version that does away with some of the most extreme provisions pushed by the state’s big monopoly utility companies. Yes, the new plan, released earlier this month, removes a planned “grid participation charge” that would hit typical residential customers …

India likely to miss year’s solar capacity target
2 years, 11 months ago

India likely to miss year’s solar capacity target

The Hindu  

India is likely to miss its 2022 target of installing 100 gigawatts of solar power capacity, largely due to inadequate uptake of rooftop solar, according to a report by JMK Research and the Institute for Energy Economics and Financial Analysis. As of December 2021, India’s cumulative installed solar capacity was 55GW, with grid-connected utility-scale projects contributing 77% and the rest …

Rooftop solar energy to power nation's green development
3 years ago

Rooftop solar energy to power nation's green development

China Daily  

Photovoltaic panels are installed on rooftops at an NEV service station in Tianjin in August. Rooftop installations in China increased to 27.3 gigawatts in 2021 from 19.4 GW in 2017, and the growth should keep rising for the rooftop solar market, a Rystad Energy analysis piece said. The increased adoption of rooftop installations in China has also driven the world's …

Online platform SPIN to usher India's rooftop solar programme onto fast track
3 years, 8 months ago

Online platform SPIN to usher India's rooftop solar programme onto fast track

Firstpost  

The programme will be implemented with the total central financial support of Rs 11,814 crore The Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II to promote rooftop solar in the country including in rural areas, wherein RTS capacity aggregating 4,000 MW by 2022 is targeted for installation in the residential sector. For Group Housing Societies/Residential …

UP government to install 670 MW rooftop solar capacity across 5 cities by 2024
4 years, 9 months ago

UP government to install 670 MW rooftop solar capacity across 5 cities by 2024

India TV News  

The Uttar Pradesh government on Thursday said it has set a target of installing 670 megawatts of rooftop solar capacity across five "religious" cities of the state by 2024. The government will also provide a subsidy of Rs 1,332 crore for the installation of rooftop solar projects in Ayodhya, Mathura, Varanasi, Gorakhpur and Prayagraj, Minister for Department of Additional Sources …

Gujarat tops the list of states with installed rooftop solar projects at 261.97 MW: Govt informs Parliament
5 years, 8 months ago

Gujarat tops the list of states with installed rooftop solar projects at 261.97 MW: Govt informs Parliament

Op India  

Gujarat tops the list of states to have installed rooftop solar projects with an installed capacity of 261.97 megawatts, informed R K Singh, Minister of State for New and Renewable Energy and Power Tuesday. In response to a question raised by Member of Parliament Parimal Nathwani, Singh pointed out, at present, total rooftop solar installations within the country stands at …

Renewables heading for 80 per cent of electricity market by 2030, putting pressure on future funding: report
6 years, 4 months ago

Renewables heading for 80 per cent of electricity market by 2030, putting pressure on future funding: report

ABC  

Renewable generation installation has accelerated to such an extent it is on track to provide almost 80 per cent of the electricity market by 2030, according to research from consultancy Green Energy Markets. Key points: Rooftop solar installations are up 76pc on this time last year By end of the year rooftop solar capacity will exceed that of the closed …

Narendra Modi’s solar mission: Success of Diu and indifference of Chandigarh show that this green initiative has a long way to go
6 years, 10 months ago

Narendra Modi’s solar mission: Success of Diu and indifference of Chandigarh show that this green initiative has a long way to go

Firstpost  

Prime Minister Narendra Modi’s push for solar power has not just energised the power space in India but has got international recognition too, as the International Energy Agency which oversees energy policy in industrial nations, has indicated that it is ready to support the prime minister’s solar dream for developing nations. Consequently, the solar power capacity target set under the …

Solar power sops attract business houses
8 years ago

Solar power sops attract business houses

Deccan Chronicle  

Hyderabad: More than private individuals, commercial and industrial sectors are availing the various benefits and concessions extended by the state and Central governments for solar rooftop projects which are intended for the domestic sector. The state and Central governments are providing 30 per cent subsidy, plus other benefits like exemptions and concessions in VAT, Income Tax etc., to solar rooftop …

The DWP is expanding its rooftop panel program to the ‘solar desert’ to meet its energy goals
8 years, 4 months ago

The DWP is expanding its rooftop panel program to the ‘solar desert’ to meet its energy goals

LA Times  

Los Angeles Department of Water and Power continues to expand its solar efforts with projects such as the Beacon solar farm in Western Kern County. Residential customers who participate in the city’s Solar Rooftops Program will receive a $30 credit each month or $360 a year in exchange for allowing the Los Angeles Department of Water and Power to put …

Gujarat govt to kickstart solar rooftop project for citizens
8 years, 10 months ago

Gujarat govt to kickstart solar rooftop project for citizens

Deccan Chronicle  

Ahmedabad: With an aim of scaling up the present solar power generation in Gujarat, the state government is now all set to launch its much awaited project of grid-connected rooftop solar power units, wherein residential property owners will be encouraged to install this new system. The Solar Rooftop project was initiated by Gujarat Energy Development Agency, which is the state …

Solar projects get Rs 5,050 crore boost from Centre
9 years, 2 months ago

Solar projects get Rs 5,050 crore boost from Centre

The Hindu  

The government on Wednesday approved a ‘viability gap funding’ of Rs 5,050 crore for setting up over 5,000 MW of grid-linked solar power projects under the Jawaharlal Nehru National Solar Mission. After the meeting, Power Minister Piyush Goyal said, “To push solar energy programme, a scheme to provide Rs 5,050 crore VGF for setting up 5,000 MW capacity has been …

Centre raises solar power target five-times to 100,000 MW by 2022
9 years, 9 months ago

Centre raises solar power target five-times to 100,000 MW by 2022

Firstpost  

The release said that solar power projects with investment of about Rs 90,000 crore would also be developed using bundling mechanism with thermal power. New Delhi: The government today raised the solar power generation capacity addition target by five times to 1,00,000 MW by 2022, which will entail an investment of around Rs 6 lakh crore. “Union Cabinet chaired by …

Govt raises solar power target by five times to 100,000 MW by 2022
9 years, 9 months ago

Govt raises solar power target by five times to 100,000 MW by 2022

Firstpost  

The government on Wednesday raised the solar power generation capacity addition target by five times to 1,00,000 MW by 2022, which will entail an investment of around Rs 6 lakh crore. New Delhi: The government on Wednesday raised the solar power generation capacity addition target by five times to 1,00,000 MW by 2022, which will entail an investment of around …

Govt raises solar power target to 100,000 MW by 2022
9 years, 9 months ago

Govt raises solar power target to 100,000 MW by 2022

The Hindu  

The government on Wednesday raised the solar power generation capacity addition target by five times to 1,00,000 MW by 2022, which will entail an investment of around Rs. “Union Cabinet chaired by Prime Minister Narendra Modi, gave its approval for stepping up of India’s solar power capacity target under Jawaharlal Nehru National Solar Mission by five times, reaching 1,00,000 MW …

Brighter outlook for solar power sector
11 years, 4 months ago

Brighter outlook for solar power sector

China Daily  

China plans to raise its whole-year target of installed solar capacity to 12 gigawatts in 2014, up by 20 percent from the original target, becoming the latest stimulus for the country's sluggish solar industry. The new installation target for 2014 will include distributed solar capacity to 8 GW, and solar power stations with a capacity of 4 GW, according to …

Government approves 1000 MW grid-connected solar power projects
14 years, 7 months ago

Government approves 1000 MW grid-connected solar power projects

The Hindu  

The government is targeting 1000 MW of solar power by 2013 of which 500 MW would be solar PV and 500 MW through solar thermal technology, New and Renewable Energy Minister Farooq Abdullah said today. In West Bengal a demo tidal wave power project of 100 MW will be executed, Mr. Abdullah said. He also said as an experiment 100 …

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