SUBSCRIBE NEWS LETTER

solar government subsidy in india

BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […]

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Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024

Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has […]

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Solar Parks in India: Scope, Status, Achievement, and Challenges

India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […]

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MNRE scaling up budget for Grid connect rooftop and small solar power plant from Rs. 600 cr to Rs.5000 Cr

MNRE is scaling up of budget for Grid Connected Rooftop and Small Solar Power Plants Programme from Rs. 600 crore during the 12th Five Year Plan to Rs.5000 crore for implementation over a period of five years upto 2019-20 under National Solar Mission (NSM) – 2nd amendment. All the organizations / institutions including those registered […]

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Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […]

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Despite subsidy and incentives, Chandigarh’s residents opting for rooftop solar seems unimpressive

The rooftop solar PV capacity on government buildings seems to gain a good ground in Chandigarh, but it looks like residents opting for solar power is not very impressive, despite government offering 30 percent subsidy and other incentives. The official records of Chandigarh Renewal Energy, Science and Technology Promotion Society (CREST) states that a total […]

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Jawaharlal Nehru Port Trust to harness solar power to reduce its dependency on conventional electricity

Jawaharlal Nehru Port Trust (JNPT) has decided to harness solar energy installing solar power plant on several rooftops in its township and commercial premises and reduce its dependency on conventional electricity from the grid. This green initiative by the port trust is part of its push towards becoming the most sustainable energy generation port organization […]

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