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Solar sector raised over $10 billion in financing during 2017
March 2018
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.
Solar shines!
March 2017
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.
Green Grid Gap
February 2017
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.
MNRE announces financial incentives for DISCOMs to support rooftop solar
January 2017
In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for discoms to support rooftop solar installations. The notification proposes a financial support of up to Rs 3.75 million per MW for up to 1,350 MW of rooftop solar capacity.
Elemental Dissonance
January 2017
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.
Hassle-free loans to end-users will boost investments
July 2016
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.
Mercom | 100percentage growth in solar installations in 2016
April 2016
Mercom Capital Group, a global clean energy communications and research firm, forecasted that the solar installations in India would double up to 4 GW in the calendar year 2016.
Tracking the sun
May 2011
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.
Tracking the sun
May 2011
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.
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