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Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL

The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […]

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Gender-Based Provisions Needed In State EV Policies, Says Report

A latest report from New Delhi-based energy think tank OMI Foundation advocated for the inclusion of gender-based provisions to make jobs in the Indian electric mobility sector more inclusive. The report analysed the state policies and also the response of the electric mobility companies and brought to focus the role of women workforce in the […]

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MNRE Releases Rules For Solar Module, Inverter Enlistment Under PM Surya Ghar

The government introduced the PM-Surya Ghar Yojna this year to boost rooftop solar adoption. In tandem, it established eligibility criteria for solar module enlistment under the same initiative. The key criteria included, The policy set laid down that the module must be enlisted as a star rating of a minimum of three stars under star […]

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MNRE Allows BIPV, Balcony Solar Under PM Surya Ghar

The Ministry Of New and Renewable Energy (MNRE) has now come out with a fresh set of guidelines for the implementation of the PM Surya Ghar Scheme. The scheme aims to install residential rooftop solar systems in one crore households. The new norms clarified that in case of paucity of rooftop space, the consumers can […]

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Karnataka Proposes New Tariffs For Rooftop Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) in its latest order has proposed revised tariffs for the state for FY25 for grid-connected solar plants. This comes after the state power regulator came out with a discussion paper on the issue recently.  To arrive at the final tariffs for different segments of power generators and consumers, the […]

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Despite National Portal Glitches, India Adds 450 MW RTS Capacity In May

Notwithstanding the technical glitches in the PM Surya Ghar portal, India added a 450 MW of new rooftop solar capacities in the month of May, 2024. This data was revealed from the latest renewable capacity data of the Ministry of New and Renewable Energy (MNRE).  As per the latest data from the MNRE, India’s total […]

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PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C

Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […]

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Open Access Charges: When Solar Fails To Deliver Promised Savings

The concept of open access in the electricity market was introduced to foster competition and provide consumers with the freedom to choose their electricity suppliers. However, despite the potential for savings, the reality is that net landed solar electricity often does not result in significant cost reductions for end consumers. This outcome is largely due […]

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EV Car Sales In India Reached 1Mn With 70% YoY Growth

International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […]

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