Net metering benefits are now allowed across categories, including commercial and industrial consumers. Further, under net metering mechanism, consumption limit of 300 units for the residential category has been removed. This will help consumers set off their entire consumption against their system’s self-generation, benefiting them greatly.
Tariff ceiling is fixed at Rs 3.91/KWh for the project work that is estimated to cost Rs 215 million and has to be completed within 12 months. Bidding closes on January 21.
The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.
The platform will help to promote the adoption of rooftop solar PV systems, particularly in the residential consumer segment, as it will incentivize consumers for trading among themselves, in addition to selling to the distribution utility—according to the sustainability thinktank which has also come out with innovative use cases of blockchain for electric vehicles and distributed battery storage.
India, one of the most diversified energy markets in the world, has recently become the lowest-cost producer of solar power. This reflects a steady and encouraging shift toward renewable power—a shift that’s in line with the targets set by the government. At the Climate Action Summit that was held earlier this year, Prime Minister Narendra […]
Solar installations in year 2020 are set to exceed 10 GW after a year hit by political uncertainties, module price increases associated with safeguard duty and a fewer number of awarded tenders. The outlook for battery energy storage installations for solar projects, however, is bleak as such combinations in India can cost 3-5 times more in 2020 than standalone renewable projects.
January 4 is the last date to bid for the plants that are to be developed in capacities of 10 KWp to 50 KWp atop government buildings. Bids must be accompanied with bank guarantee of Rs 750,000.
The project—located in Jodhpur district of Rajasthan—is being developed by the Indian developer’s special purpose vehicle Clean Solar Power (Jodhpur).
The Indian installer supplied panels for a commercial client in the U.S. who had been inspired by a trip to Rajasthan with his wife in 2008.
Touted to be one of India’s largest rooftop installations, the captive plant uses 25,770 photovoltaic panels covering 63,000 sq.m of available roof space and producing 12.2 million KWh of electricity annually.
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