Delhi CM Gupta announced the Delhi government was partnering with financial institutions to offer easy loan options for the financing of the remaining installation cost of solar panels up to 3 KW capacity which is approximately Rs 90,000.
In March, it inaugurated a 1.5 GW solar module gigafactory in Dadri, Uttar Pradesh, and laid the foundation for a 5 GW integrated manufacturing facility in Greater Noida.
The cost of deploying solar panels and battery technology is expected to go down 19 percent by 2030, helping deliver record amounts of low-carbon power, setting the stage for a 2.2-fold growth for renewables
The approval has been withheld due to apparent non-compliance with a Companies Act provision which states that an unlisted company cannot offer its shares to more than 200 people in a financial year, without making a public offering.
Over-capacity in China has led to a huge fall in solar panel prices and countries are scrambling to protect their domestic companies
The government will soon start a pan-India survey to assess the final potential of solar panel installations in both state and central government buildings.
India has to move its energy-intensive activity towards green energy. Re-localisation of manufacturing to places where cheap reliable green energy is produced is needed, Ricardo Hausmann, founder-director of Harvard Growth Lab, said
The report also said that the bank is likely to take a decision in the next two-three months.
India's renewable energy ministry has held talks with the finance ministry to approve its request to cut the import tax on solar panels from 40% to 20%, said the three sources, who declined to be identified as the decision has not yet been finalised.
While India currently relies heavily on coal for its electricity, it has a target of installing 450 gigawatts of renewable energy that should account for about half its needs by the end of this decade. Rapid increase in solar, especially rooftop solar, will be necessary to meet that goal.
In nearly a dozen countries around the world, floating solar farms are providing a welcome alternative to ground-mounted modules, with the potential to significantly boost clean power as the world races to cut carbon emissions.
We have the problem of foreign exchange, making it difficult to pay for imports. One solution we have to think is to have a credit line from India or China as panels are imported from them," Wijesekara told parliament.
Biden's action would allay companies' concerns about having to hold billions of dollars in reserves to pay potential tariffs, one source familiar with the White House's plans told Reuters.
Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal's Alqueva reservoir in preparation to start up Europe's largest floating solar park in July.
Grievances voiced by local solar gear makers strike a discordant note in India’s quest for rapid expansion of renewable energy capacity
Earlier under the rooftop solar scheme, the households were required to get that from the listed vendors only to avail the benefits and subsidy under the scheme.
As RIL acquires Norwegian solar panel leader, here's a look solar panels, and how they are made.
Under these projects, solar power will be provided to 13 leading industrial, commercial, and institutional customers.
Unlike gold, around 50 percent of silver has industrial applications
"Given the kind of demand we are witnessing in the solar space, especially in the rooftop segment, from corporates and commercial establisments as well as the state governments, we want to be ready to tap that opportunity," the company's Chairman and Managing Director R M Agarwal told PTI.
The Federal Trade Commission said on Thursday that the deal was approved. It was on a list of proposed transactions that were granted quickly because the merging partners have few or no overlaps.
Of the total 1,75,000 mw proposed to be tapped by 2022, solar power will have a lion's share of 1,00,000 mw followed by 60,000 mw from wind energy, 10,000 mw biomass energy and 5,000 mw of small hydro projects.
Moser Baer's Ratul Puri is struggling to keep the company his father founded and his reputation intact