Shri Piyush Goyal to Inaugurate National Workshop on Rooftop Solar Power

Shri Upendra Tripathy, Secretary, Ministry of New and Renewable Energy said that Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal, and New & Renewable Energy will inaugurate National Workshop on Roof Top Solar (RTS) Power on 7th June 2016. He said that the aim of the workshop is to act as a helpdesk and felicitate people in installing rooftop solar projects.

While interacting with media, Shri Tripathy said that these rooftop projects transforms homes into investment and empowers owner with loss free electricity. The Secretary appealed for mass involvement through media and said that people participation will become key for solar revolution in the country.

Shri Tripathy said that the Ministry will soon be coming out with a policy for resolving issue of storage and thereby providing stability to the grid. He informed that storage linked bidding of 200MW solar power will be organised in Andhra Pradesh & Madhya Pradesh very soon.

Speaking on the occasion Shri Santosh D. Vaidya, Joint Secretary, MNRE told that the Minister will be felicitating the best performing Ministries/Departments, State/UT Governments, State Nodal Agencies, State/UT Electricity Regulatory Commissions and Channel Partners during the event. The Ministries and Departments will also present Commitment Certificates for developing RTS power. He further informed that Surya Mitra App will also be launched at the event. Shri Vaidya further said that workshop will comprise of presentations and discussions on various topics including best practices, innovative projects and major policy initiatives on RTS power projects. Around 1400 participants including Secretaries from the Central Government, Chief Secretaries from the State Governments, Power and Urban Development Principal Secretaries of State Governments, State Nodal Agencies, Chiefs of DISCOMs, banking and financial institutions, Channel Partners of rooftop schemes, major solar power developers, international agencies like GIZ, KFW, US Aid, World Bank and other stakeholders will be attending the Workshop.

BACKGROUND

Government of India has taken an ambitious target of 40,000 MW of Roof Top Solar (RTS) power as part of Clean Climate commitments. To achieve this target, the Central/State/UT Governments and Central/State Electricity Regulatory Commissions have undertaken several initiatives and promotional measures. Some of the key initiatives/promotional measures are:

(a) Financial subsidy of 30% of project/bench mark cost for RTS projects in Residential/Institutional/Social sectors;

(b) Financial incentive upto 25% of project/bench mark cost for RTS projects in Government/PSU sector;

(c) Notification of Gross/Net metering policies by various States/UT Regulatory Commissions;

(d) Financial support to RTS projects by various State/UT Governments;

(e) Development of easy to access Online Portals by Distribution Companies (DISCOMS) for installation of RTS plants by individual consumers;

(f) Empanelment of agencies with proven capacity and expertise for installation of solar panels, inverters, meters, etc. by various State/UT Governments;

(g) Empanelment of Channel Partners/Aggregators by Central/State Governments;

(h) Assessment of RTS potential and undertaking bidding process for cost efficient solar installations in various sectors;

(i) Training of 10,000 Surya Mitra and staffs of DISCOMs/SNAs;

(j) Provision of concessional credit to project developers

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Shri Piyush Goyal to Inaugurate National Workshop on Rooftop Solar Power

What do rooftop solar panels do to the price of a home when you sell it?

When it comes to being spotted in the wild, solar panels in New Hampshire are roughly at the stage that wild turkeys were a decade ago: They’re still rare, but I no longer pull the car over and gawk when I see one.

But just as the growth of the turkey population has led to unexpected complications – I haven’t run over one yet, but I’ve come darn close – the spread of rooftop solar panels raises complications about buying and selling homes, the biggest financial decision any of us will ever make.

First the good news for those with PV on their roof, according to Judi Farr, an agent with Keller-Williams Realty Metropolitan in Bedford, who teaches the state’s first Board of Realtors-approved class on selling homes with solar panels. “If you have two identical houses, same features, same time, etc., the one with the solar system should sell faster and for more money,” she said. In general, she said, the extra money will cover the cost of installation.

Solar wins! Well, mostly: There’s a cautionary note regarding home financing and leased panels, which I’ll get to in a moment.

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What do rooftop solar panels do to the price of a home when you sell it?

Google’s Project Sunroof Expands To 42 US States

In an innocuous announcement last month, Google has expanded Project Sunroof to 42 states across the US, up from 10 states in December.

We first heard of Google’s Project Sunroof nearly a year ago. At the time, it was simply the latest in a number of Google’s 20% projects. In the company’s 2004 IPO letter, Google founders Larry Page and Sergey Brin explained the idea: “We encourage our employees, in addition to their regular projects, to spend 20% of their time working on what they think will most benefit Google,” they wrote. “This empowers them to be more creative and innovative. Many of our significant advances have happened in this manner.”

In August of 2015, Carl Elkin wrote about his 20% project, Project Sunroof, an online tool which helps “homeowners explore whether they should go solar or not” by providing access to high-resolution aerial mapping to help calculate a roof’s solar energy potential “without having to climb up any ladders.” We soon discovered that Project Sunroof had teamed up with big names such as SunPower, SunEdison, Sungevity, and more.

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Google’s Project Sunroof Expands To 42 US States

Spruce Arranges $120 Million Financing for Rooftop Solar

Spruce Finance Inc., a solar-financing company backed by Kleiner Perkins Caufield & Byers LLC, arranged $120 million in debt for rooftop solar systems in the U.S. The deal closed Friday.

The company’s first syndicated loan was led by Investec Plc, and San Francisco-based Spruce plans to use the money to meet growing consumer demand for financing for solar power, according to Chief Executive Officer Nat Kreamer.

“All of our business lines are growing more than 50 percent this year,” Kreamer said in an interview Monday. “We’ve had a very strong reception from the capital markets.”

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Spruce Arranges $120 Million Financing for Rooftop Solar

New Solar Plants Generate Floating Green Power

1. A rendering from Kyocera of the solar panels on the Yamakura Dam reservoir in Japan. If construction goes as planned, 50,904 panels will float atop the reservoir, generating enough electricity to power almost 5,000 homes.
2. An expanse of blue solar panels stretches across part of the Yamakura Dam reservoir in Japan’s Chiba Prefecture.
3. In two years, if construction goes as planned, 50,904 panels will float atop the reservoir, generating an estimated 16,170 megawatt hours annually, enough electricity to power almost 5,000 homes, according to Kyocera, the company building the solar plant.
4. The project, once completed, will be the largest installation of its kind in the world. But floating solar arrays are becoming more popular, with installations already operating in Australia and the United States, and more planned or under construction.
5. The growing interest is driven in part by huge growth in the solar market in recent years as the cost of the technology has dropped quickly.
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New Solar Plants Generate Floating Green Power

The world’s largest rooftop solar power plant started in Punjab

The world’s largest rooftop solar power plant started in Punjab

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