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Solar sector raised over $10 billion in financing during 2017
Solar funding grew last year as approximately 9.6 GW of new solar installations were added to the Indian grid. In 2017, the country’s solar sector logged over $10 billion (~Rs.650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update. Financing activity in the sector totalled approximately $4 billion (~Rs.260 billion) in 2016.
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Solar shines!
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.
Union Budget, Investment, Renewable Power, Union Budget 2017-18, MSME, SME, Demonetisation, EDC, Thomas Rookmaaker, Solar Focus, JNNSM, DIDF, Jaideep N. Malaviya, Thermal Power Generation, Andrew Hines
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Green Grid Gap
Green Energy Corridor planned to carry ´intermittent´ solar and wind power from producers to consumers efficiently, is yet to catch up with the pace of capacity creation.
Green Energy Corridor, Intermittent, Paris Summit, Renewable Power, Infrastructure, Piyush Goyal, Mercom Capital Group, Solar Installations, Electricity, Grid, NGCP, REMC, MNRE, Transmission, Solar Parks
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Elemental Dissonance
Solar has many unique attributes which make it a preferred source of power, particularly in India, a densely populated country with a high energy deficit - where it can be rapidly deployed across most parts of the country, due to its modular nature and by virtue of it being environment friendly.
Solar, Bridge To India, Goi, Solar Manufacturing Sector, Mercom Capital Group, Solar Installations, Raj Prabhu, Processes, Grid Infrastruture, Ashish Khanna, Tata Power Solar, Tangedco, PPA, NTPC, SECI
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Hassle-free loans to end-users will boost investments
Government has targeted 40 GW of Rooftop Solar Installations till 2022. Though a very ambitious target, It is clearly a great opportunity for users as well as system integrators to avail the benefits and strive to work towards building up capabilities and meet the expectations.
N R Khushalani, Polycab Wires Pvt.Ltd, Rooftop Solar Installations, Renewable Energy Generation, Solar PV Panels, Solar Grid Tie Inverters, Off-Grid Inverters, Bi-Directional Inverters, Hybrid Inverters, Solar Cables, Junction Boxes, PV Panel, EPC
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Tracking the sun
Fixed solar installations reach their maximum yield at midday but trackers allow modules to make the best of the sun's rays at any time of day.
Power Today, Solar Installations, Solar Energy, Photovoltaic Modules, Tracking Systems, Power Generation, Investment, Europe, Fukushima Daiichi, Japan, USA, China, Waste-Water Treatment, Weiterstadt, Germany
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Tracking the sun
Fixed solar installations reach their maximum yield at midday but trackers allow modules to make the best of the sun's rays at any time of day.
Power Today, Solar Installations, Solar Energy, Photovoltaic Modules, Tracking Systems, Power Generation, Investment, Europe, Fukushima Daiichi, Japan, USA, China, Waste-Water Treatment, Weiterstadt, Germany
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