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New green norms to make power, fuels, cars costlier
New green norms to make power, fuels, cars costlier
- Consumers will have to shell out more for power, fuel and cars in a few years as these industries begin to pass on the burden of technology upgrades being put in place for meeting increasingly stringent environmental and emission norms.
- The new environmental norms for coal-fired power plants, for example, are expected to push up electricity cost by 40-50 paise per unit. Motor fuels could become costlier by 70 paise or more per liter as the country moves to Bharat Stage-VI – akin to Euro-VI – grade fuels by April 2020. Similarly, carmakers say prices may rise by anywhere between Rs 1 lakh and Rs 1.5 lakh.
- No doubt these are back-of-envelope calculations and the final figures would depend on several factors such as rupee exchange rate, bulk prices of refined products and coal as well as shipping costs etc in the future. Get a quote for a Solar rooftop system
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New green norms to make power, fuels, cars costlier
Solar Is the Fastest-Growing Energy, Says Top Fossil Fuel Major
Solar Is the Fastest-Growing Energy, Says Top Fossil Fuel Major
The world’s growing fleet of solar panels generated a third more electricity in 2015 than a year earlier, making power captured from the sun the world’s fastest growing source of energy, according to BP Plc.
Solar generation grew 33 percent, with China overtaking the U.S. and Germany as world leader in 2015, BP said in its 65th annual statistical review into world energy published on Wednesday. The London-based oil company exited from solar in 2011 after 40 yearsin the business.
“Sharp cost reductions have gone hand-in-hand with rapid growth in renewable energy. Solar power production has increased more than 60-fold in 10 years, doubling capacity every 20 months,” said Spencer Dale, BP chief economist, in a speech that also predicted continued falls in the costs of solar. Get a quote for a Solar rooftop system Read More…
Solar Is the Fastest-Growing Energy, Says Top Fossil Fuel Major
National Workshop on Roof Top Solar Power
National Workshop on Roof Top Solar Power
Ministry of New and Renewable Energy (MNRE) Government of India
On 7th June, 2016 at 3.00 PM at Plenary Hall, Vigyan Bhavan, New Delhi
– Inauguration by –
Shri Piyush Goyal (Minister of State for Power, Coal and New & Renewable Energy)
– In august presence of –
Shri P.K. Sinha (Cabinet Secretary Govt. of India)
Dr. P.K. Mishra (Additional Principal Secretary of Prime Minister of India)
National Workshop on Roof Top Solar Power
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Solar power gets a renewed push
Solar power gets a renewed push
- The city is set to become environment friendly in terms of power generation with the state cabinet approving on Monday a solar power policy.
- The approach outlines regulations and mandates incentives and tax breaks for the generation of rooftop solar power in the capital.
- The government plans to offer a generation-based incentive of Rs 2 per unit to domestic producers, while building owners will be permitted an additional construction height of two metres if a solar panel is installed on the rooftop.
- Prepared in consultation with the Delhi Dialogue Commission after extensive consultations with local and international experts, the policy hopes to install 1,000 MW of solar power capacity in Delhi by 2020 and double that in the five years that follow. Read More…
Solar power gets a renewed push
Installing rooftop solar panels has never been more affordable
Installing rooftop solar panels has never been more affordable
Infographic: Affordable Rooftop Solar in the United States
By 2017, more than half of U.S. states could have rooftop solar that’s as cheap as local electricity rates.
Rooftop solar costs are falling
Since 2007, the cost of installing an average-sized rooftop solar system has nearly halved. In fact, after accounting for tax credits, rebates, and other support, in leading states a 5 kilowatt system could cost homeowners less than $10,000.
Many homeowners have the option of leasing, potentially paying nothing for installation and instead paying ongoing monthly fees. Read More… Union of Concerned Scientists
Installing rooftop solar panels has never been more affordable
The disruptive impact of rooftop solar
The disruptive impact of rooftop solar
A report earlier this month detailed how electric utilities were working through state regulators to stunt the spread of rooftop solar, the latest tactic in a campaign an industry group started three years ago.
What worries utilities so much? At one level, the problem is obvious: customers with rooftop solar panels buy less energy and pay less to utilities. But the issue is not limited to giant utility companies’ earnings potential. After all, we all use electricity and rely on utilities to maintain the power infrastructure.
Why is solar so threatening to utilities? And how is the rapid growth of solar changing how the grid works? The answers lie in the sometimes-arcane world of electric utilities and their business model. In all the change, though, there needs to be a discussion over how solar fits into the grid and how to ensure grid reliability. Read More…
The disruptive impact of rooftop solar
Install solar rooftop system on your residential rooftop
Install solar rooftop system on your residential rooftop
Advertisement by MNRE
Benefits of Solar Rooftops:
- Reduced electricity bill
- 1.0 kWp system requires 10 sq.m area and saves Rs. 700-1000 per month
- Payback in 5-6 years
- Produce environment friendly power on your roof
Incentives:
- Upto 30% Central Financial Assistance (CFA) for residential building which is upto 70% in North-Eastern States, Sikkim, Himachal Pradesh, J&K, Uttarakhand and Islands.
- Avail bank loan at the interest rate of housing loan
- Avail loans under Priority Sector Lending upto Rs. 10 lakh for individuals
Install solar rooftop system on your residential rooftop
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Rooftop Solar Market Blooms in United States
Rooftop Solar Market Blooms in United States
Rooftop solar costs are falling
Since 2007, the cost of installing an average-sized rooftop solar system has nearly halved. In fact, after accounting for tax credits, rebates, and other support, in leading states a 5 kilowatt system could cost homeowners less than $10,000.
Many homeowners have the option of leasing, potentially paying nothing for installation and instead paying ongoing monthly fees.
Solar is increasingly affordable everywhere
The plunging costs of solar systems and the broad availability of sunlight mean that rooftop systems are increasingly able to compete with electricity from the grid around the country. By comparing average local electricity costs with the projected average national price of an installed rooftop solar system, we can estimate the percentage of states that may have—or may soon have—competitive rooftop solar power.
The result? By 2017, more than half of U.S. states could have rooftop solar that’s as cheap as grid electricity—even without considering state and local incentives. Most regions already have a state that’s cost competitive, and many more states may soon come online.
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Rooftop Solar Market Blooms in United States
Indian Govt lines up $2.5bn (Rs.16 crores) for Solar Roof top projects
Indian Govt lines up $2.5bn (Rs.16 crores) for Solar Roof top projects
The government has lined up almost $2.5 billion (about Rs 16,800 crore) for providing low cost finance to achieve the target of installing 40 GW grid-connected solar rooftop systems.
“The ministry is in negotiations with the KfW Development Bank to secure soft loans of 1 billion euro. They have already provided $100 million funding,” The Ministry of New and Renewable Energy (MNRE) Secretary Upendra Tripathy told reporters here.
The World Bank has committed a loan of $620 million, with the Asian Development Bank and the New Development Bank pledging $500 million and $250 million, respectively, he added.
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