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solar government subsidy in india

Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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India Will Easily Attain 100 GW Solar Energy Target BY 2022: MNRE Minister  

National Institute of Solar Energy (NISE) has benchmarked the country’s solar capacity at 748 GW backing the solar energy target. In a written reply in Rajya Sabha, it was assured that India, with all comforts, will attain the 100 GW solar energy target by 2022 and has already installed solar energy capacity of 23.12 GW […]

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Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE

Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […]

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Government Plans New Subsidy Policy to Foster Electric Vehicles

The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […]

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Investment in Solar Power Projects Likely to Fall in 2018

The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […]

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China’s – New Solar Policies & Change in Markets

In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […]

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Solar-Wind Hybrid Power Policy Announced for Gujarat

The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […]

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MP Implements 26 MW Rooftop Solar Programs Via RESCOs

Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […]

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Andhra Government to Solarise Agricultural Connections

The numbers of agriculture connections across the state are 17.20 lakh and the state government has agreed recently to allot Rs 6,030.17 crore this year as a subsidy for them. In the state of Andhra Pradesh, the state government is planning to solorise agriculture connections coming up in the state by using a new scheme […]

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