Tamil Nadu floats new solar policy to generate 9 GW by 2022
Tamil Nadu government has unveiled a new solar energy policy 2019 that aims at generating 9 GW for the state by 2022. The policy would be applicable to projects, programmes and installations relating to both solar PV and thermal energy, including utility as well as consumer categories.
Comments sought on BIS standards for solar pumping systems
The Ministry of New & Renewable Energy (MNRE) has invited comments of all the stakeholders on the solar PV water pumping system specifications set by the Bureau of Indian Standards (BIS).
Budget 2019 reaffirms priority on renewables but lacks sops
Reaffirming Indian government’s commitment to promote renewable energy, Interim Finance Minister Piyush Goyal laid emphasis on the need for increased use of electric vehicles and new-age energy solutions. He also highlighted that the Indian government would meet its target of universal household electrification by the end of March 2019.
India’s private-player driven standalone solar products market could triple by 2023
The overall private player driven market could grow to Rs 26,178 million by 2023 from current Rs 7,051 million, while the government driven market would increase from Rs 31,700 million to Rs 75,000 million. Most of the future sales is likely to come from solar lanterns with additional services, for example, mobile charging, radio, and solar home systems—according to a latest report by GOGLA.
Stable policy, varied financing options on solar industry’s budget wishlist
The solar industry seeks tailor-made financing options for end consumers, especially small and medium-sized enterprises (SMEs) and micro SMEs (MSMEs), in addition to supportive and stable government policies to ensure speedier progress.
China ready to set 3 GW quota for residential solar in 2019
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
175 GW renewable unlikely if policy remains inconsistent, says CSE
India may not meet its 175 GW of renewables by 2022 target if the sector continues to be plagued by policy inconsistency, DISCOM problems and other issues, say Centre for Science and Environment (CSE) analysts.
Hyper low costs ensure clean energy investment fell in India last year
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
Indian solar is coming up on the rails of China and the US
Taiwanese market research company EnergyTrend says the 5/31 policy change in China last year had a less dramatic effect on global demand than expected and, with the Modi government introducing solar-friendly policies, India – and Japan – will close the gap on the world leaders for installed PV capacity.
PV rooftop simulators may unlock solar growth in developing cities
IRENA says technologies for 3D rooftop footprint generation and solar irradiation modelling are becoming increasingly cheap, making them suitable for deployment anywhere in the world. Developing cities could access such technical resources to plan rooftop PV development.
