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  • Will India meet its #SolarPowerTarget by 2022?
    Will India meet its #SolarPowerTarget by 2022?

    Credit research agency, Crisil has thrown a dampener on the solar market. The agency has come out with a detailed report expressing its doubts that at the current pace of solar deployment, India would be able to meet its 100GW #solarpowertarget by 2022.

    The country’s present installed capacity is 21.65GW. The maximum, says the report could be 78GW to 80GW in these four years. Let’s look at this assessment critically.

  • As of now, about 90% of the equipment that solar power developers use in India is imported. Of this, 85% of the imports are from China. A recent levy of 25% safeguard duty on the imports of solar panels and modules could make capping solar power tariffs, an absolutely misguided move on the part of MNRE.
    Is India right in capping its solar power tariffs?

    As the third largest energy consumer in the world, India is determined to achieve 100GW solar power by 2022. It has a long way to go, considering its current capacity of 24GW. Nevertheless, it is quite ironical that the biggest obstacle to this has been brought in by the Ministry of New and Renewable Energy (MNRE) itself, by making a decision to cap solar power tariffs.

  • It is important to bring all missing pieces of the jig saw puzzle together if you want to manage your #solardevelopmentcosts effectively.
    Strategies for Overcoming Barriers to #SolarDevelopment

    The market for solar power is growing at a rapid pace; yet #solardevelopment, as a business, lags in profitability. While on one hand, the falling prices of oil and gas are testing the competitive position of solar, high-interest rates are making it tougher to meet the cost of capital input in solar projects. However, on the upside, there are opportunities for profit and growth, if corporates are able to overcome two major challenges in #developingsolarpowersystems:

    Addressing System Design and Construction Challenges

  • Invest in residential solar
    10 signs you should invest in residential solar
    The world has reached a point where renewable sources of energy have caught up to the traditional sources of energy. We have the technology and all the reasons to reach out and make a difference. Although solar energy has been a part of the industrial sector for the past decade or so, it has slowly crawled into the residential sector as well.
  • Renewable Energy sources
    How will Renewable Energy sources will meet electricity demands in 2017?
    In November 2016, India emerged as a major player by earning third place in the list of biggest power sector after China and US. In fact, the country is on the right track by installing more than 10GW of renewable per year from 2017. The three major areas, large-scale renewable, rooftop solar and off-grid sectors have shown an impressive growth in the recent years.