Indian government’s Rs 344 bn bonanza for solar sector
The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
NTPC issues 190 MW solar-wind hybrid tender
India’s largest power generation company NTPC, that successfully auctioned 1.2 GW of capacity in its first wind energy tender recently, is now making its mark in the solar-wind hybrid.
Residents await subsidy for solar power plants
Ranging from Rs 20,000 to Rs 0.1 million, many residents have been waiting for subsidy for more than two months. The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) is giving a subsidy of 30 per cent in order to promote solar power in the city.
Solar-powered streetlights for BDA project
Streetlights in Bareilly Development Authority’s Ramganga Nagar Awasiya Yojana will be powered with solar power panels having a capacity of around 50 KW.
Gujarat bags highest number of solar parks project
According to the Ministry of New and Renewable Energy, Gujarat, Rajasthan and Andhra Pradesh are emerging as the top destinations for large, utility scale solar projects in India. Based on the figures for Government of India’s Solar Parks and Ultra Mega Solar Power Projects scheme, Gujarat has bagged the highest number of approved projects.
Solar power overtakes wind in India
Until 2014, India had 21 GW of installed wind power capacity while solar had just 2.63 GW power capacity. Solar power emerged as the fastest growing segment within the renewable energy sector in India during the Modi government that announced a five-fold increase in India’s solar power target
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