In a major push towards renewable energy, the Indian government has announced the launch of the 'Pradhanmantri Suryodaya Yojana', a significant initiative aimed at installing rooftop solar systems in 10mn households. This comes in the wake of the Ministry of New and Renewable Energy (MNRE) ...
Contrary to the opinion of much of the renewable energy sector, the abolition of the Government’s feed-in tariff scheme on 31st March is not necessarily bad news.
How do I earn money from solar power? By installing solar panels on your home, you could be rewarded by the government’s Feed-in Tariff (FiT) scheme, which the government originally introduced in April 2010 and which is tax-free.
Following the recent announcement that the state government of Gujarat in India plans to launch a rooftop solar power generation scheme for slum areas, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view on what ...
Government is keen to tap this resource to improve the availability of power in the State by promoting the establishment of solar energy based power projects, both grid connected and off-grid type. For the attainment of this goal, a comprehensive ...
To support utility-scale solar, the government should set a capacity target of 5GW annually through the Contracts for Difference (CfD) scheme. The government should also provide solar farm developers with the assurance that solar power will continue to be eligible for CfD auctions. The technology...
Big Boost for household savings as Govt flags off solar scheme Srinagar, Mar 1: The Pradhan Mantri Surya Ghar Muft Bijlee Yojana, approved by the Modi government on February 29, is being hailed as a potential game-changer… Srinagar, Mar 1: The Pradhan Mantri Surya Ghar Muft Bijlee Yoj...
Researchers in Taiwan are proposing a market-based incentive scheme to help property owners to move from using their roofs for illegal dwellings to rooftop solar power generation. They found these owners should be rewarded for solar power generation but also be compensated for the income loss due...
India: India has the PLI scheme to support domestic solar manufacturing capacity. A total of 48GW of module capacity is expected to be up and running by the end of 2026. India has installed solar capacity of ~67 GW as of FY23 (end-March 2023). The government has announced plans to in...
Many European countries impose afeed-in-tariffscheme to increase the appeal of renewable energy systems. Under a feed-in-tariff scheme, renewable energy system owners can collect money from the government. Costs are calculated per kilowatt-hour (kWh), with prices varying between countries.26 ...