A few policy changes can accelerate rooftop solar
While the central and state governments have done a (good÷ job with regard to rooftop solar policies, there are some specific changes to the net metering rules and plant size specifications that can accelerate adoption.
In Need of An Overhaul
Growth of rooftop solar installations in 2018 is likely to witness a decline on the back of regulatory complexity and policy uncertainty. POWER TODAY spoke to a cross-section of experts to understand what it would take to return traction to the segment.
Q4 2017 highlights VC/PE funding
ReNew Power Ventures - an Indian renewable energy project developer - secured ~$200 million (~Rs.13 billion) from the Canada Pension Plan Investment Board in the form of compulsory convertible preference shares (convertible debt) that will convert to equity shares at the time of an initial public offering.
Solar Rooftop: Will the slowdown sustain?
Growth of rooftop solar installations in 2018 is likely to witness a decline on the back of regulatory complexity and policy uncertainty. POWER TODAY spoke to a cross-section of experts to understand as to what it would take return traction to the segment.
CleanMax to help Chennai metro go green
CleanMax Solar has bagged the prestigious contract of powering the Chennai metro with clean solar power. This involves installation of rooftop and ground mounted solar PV plants at 12 metro stations and the Koyambedu Maintenance depot in Chennai, thus providing low-cost and renewable solar energy for CMRL’s operations.
Aligarh Muslim University adopts solar power in association with CleanMax Solar
Aligarh Muslim University, one of the oldest and most renowned educational institutes in the country, has adopted solar power in association with CleanMax Solar, India’s largest rooftop solar developer. Built in collaboration with SECI and MNRE, a rooftop plant of 1.5 MW has been installed across 17 roofs at the campus, and will provide 10% of the university’s electricity.
The Union Budget is full of sops for solar - in terms of investment, village electrification and taxes. But, it calls for building renewable power compatible T&D infrastructure on a war footing.
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