It is said Every 24 hours, enough sunlight touches the Earth to provide the energy for the entire planet for 24 years. Thanks to increasing public recognition of its environmental benefits, government initiatives and declining manufacturing costs, the share of solar power in Energy sector is rising like never before. By the end of 2017, …
The Delhi Electricity Regulatory Commission (DERC) has recently issued Draft Guidelines to implement a group net-metering and virtual net-metering for Rooftop Solar Power Projects in NCT region under the Delhi Solar Policy 2016. The draft is up for comments, suggestions and objections up to January 10, 2019. The Delhi Solar Policy, 2016 issued by the …
Delhi releases draft Regulations for Group and Virtual Net-Metering for Rooftop Solar Read More »
The concept of Renewable Energy Certificates (RECs) seeks to address mismatch between availability of renewable energy and the requirement of the obligated entities to meet their renewable purchase obligation (RPO) by purchasing green attributes of renewable energy remotely located in the form of RECs. The REC mechanism is a market based instrument, to promote renewable …
What is Renewable Purchase Obligation – RPO and Renewable Energy Certificate – REC Read More »
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has recently issued new regulations for net metering for rooftop solar projects in the state of Uttar Pradesh. The Rooftop Solar PV Grid Interactive Systems Gross / Net Metering) Regulations, 2019 also called as RSPV Regulations, 2019 will come into effect from the date of their notification in …
UPERC Releases RSVP Regulations 2019 for Net Metering of Rooftop Solar Projects Read More »
The Rajasthan Electricity Regulatory Commission (RERC) has issued regulations for connectivity and net metering of rooftop and small solar grid interactive systems in the state. The commission has framed the Draft Regulations and has invited suggestions/comments from the interested persons before finalizing them before 21 January 2019. Suggested Important Amendments in Net-Metering Policy Suggested Key Amendments to Energy …
In a very encouraging news, India has achieved a milestone 20 GW in cumulative solar installations that was set for 2022, four years in advance. The target of 20 GW by 2022 was originally set in National Solar Mission. However, the current NDA government had scaled up the target to 100 GW of solar capacity by 2022. Going by …
PPA is a contract between purchaser of electricity and electricity generator setting out the terms and price for supplying electricity. Earlier, tariffs were fixed by state electricity regulatory commissions based on which PPAs were made with power generators. In the case of renewable energy, state electricity regulatory commissions set the Feed-in Tariffs for the purchase …
The Chief Minister of Karnataka recently inaugurated the first phase of a 2,000 megawatts (MW) solar park in the drought-prone Pavagada region of Tumkur district, about 180km from Bengaluru. The southern state claims that this solar park is the World’s largest solar park. The park has been named as “Shakti Sthala”. The park’s development is anchored by the …
As per New and Renewable Energy Minister R K Singh, the Rs 48,000-crore Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM scheme) to promote the use of solar power among farmers would be placed before the Cabinet by March 2018. The Union 2018-19 Budget laid stress on providing means to increase farmers income. In the same …
Cabinet to vet Rs 48K Crore KUSUM scheme for solar power by March Read More »
The much-anticipated Union Budget 2018-19 was tabled in Lok Sabha by Finance Minister Arun Jaitley on 1st February 2018. However the budget is lacking any great incentives or schemes for renewable energy sector. Due to the prevalent uncertainties, increasing costs of project development in the country and external competition, the industry was hopeful for a few subsidies …
Budget 2018-19 for Solar and Renewable Energy Sector Read More »
