Residential Rooftop Solar Subsidy to be Increased to 60%: R K Singh
The rooftop solar systems for 10 million households to be entirely free Free Electricity will be provided for households with a consumption of less than 300 units a month by installing rooftop solar systems on their homes, according to an announcement made in the Union Budget 2024 recently. https://www.mercomindia.com/residential-rooftop-solar-subsidy-increased-60
Government Issues Operational Guideline for PM Surya Ghar Program
This program has a total financial allocation of Rs. 750.21 billion. The Ministry of New and Renewable Energy (MNRE) has issued the operational guidelines to implement the PM Surya Ghar: Muft Bijili Yojana for the component “Central Financial Assistance (CFA) to residential consumers.” These guidelines pertain to implementing CFA to residential consumers under the capex […]
End of the Road for Polycrystalline Solar Modules?
MNRE had mandated a minimum 19% efficiency for solar modules to be listed in the ALMM. The recent ‘Approved List of Models and Manufacturers (ALMM) rules published by the Ministry of New and Renewable Energy set 19% as the minimum efficiency for the modules to be listed. The minimum efficiency for modules used in utility/grid-scale […]
What is the Net Metering and its benefits in SPV Solar Power Project?
Net Metering or Net Billing: Net metering is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, If during a sunny day more electricity is […]
DISCOM Dues to Renewable Generators Edged Up to ₹122 Billion in January 2021
Distribution companies (DISCOMs) owed ₹122.49 billion (~$1.65 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 384 pending invoices at the end of January 2021, according to data released by the Ministry of Power (MoP). Read More
India on track to meet 175 GW renewable energy targets by 2022: ETILC Members
India is already on track to reach its goal of 175 GW of installed renewable capacity by 2022. Now, with the kind of initiatives the government and different companies are taking, it is likely that the renewable energy target to 450 GW by 2030 will also be achievable. The government is totally committed to enable […]
Implementation Issues Continue to Plague the Rollout of PM Surya Ghar Yojna
The program is marred by glitches in the National Portal and delays in feasibility checks, The PM Surya Ghar Yojana, an initiative by Govt. to install rooftop solar system in 10 million households, has hit several roadblocks in its implementation across various states. Read more