solar subsidies.

65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat

The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […]

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EC Approves $ 6.7 billion Scheme in France for Rooftop Solar

Rooftop solar development in France is set to get a big fillip with the European Commission approving a $6.7bn (€5.7bn) scheme to support renewable power generation from small solar installations located on buildings. France is also a founding member of the International Solar Association. Approved under European Union (EU) state aid rules, the scheme will […]

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GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs

A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […]

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Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects

Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […]

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Clean Energy Goes Spiritual, As Key UP Cities To add 670 MW Rooftop Solar

Uttar Pradesh energy minister Shrikant Sharma has announced that places of religious importance in the state will be powered by solar energy by 2024. Among the  cities cited by him were Ayodhya, Mathura, Varanasi, Prayagraj and Gorakhpur. Rooftop solar would be the preferred medium to achieve the target of 670 MW, powered by central subsidies […]

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3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia

Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […]

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