The existing share of renewables in total electricity is around 3.9% in 2009-10. This has been achieved owing to continuous focus and support from the Government, Central Electricity Regulatory Commission (CERC), Forum of Regulators (FOR), State Electricity Regulatory Commissions (SERCs) and the other supporting bodies like MNRE and IREDA.
To promote solar power for off-grid applications for both thermal as well as photovoltaic, the Government is offering financial support through a combination of 30 per cent subsidy and/or five per cent interest bearing loans for companies in the business.
New Delhi: Welcoming the guidelines for off-grid and roof-top solar applications, launched by non-renewable resources minister Farooq Abdullah in the capital on Wednesday, solar industry leaders have expressed the hope that the government would soon follow up with guidelines for grid-connected solar power projects.
GLOBAL venture capital and private equity companies will invest up to $1 billion by the end of the current fiscal in high-growth, incentive-driven renewable energy companies, according to industry estimates.
YELESANDRA (Kolar Dt.): The country's biggest grid-connected solar power plant set up at Yelesandra village in Bangarpet taluk of Kolar district will be commissioned on June 17.
Union Minister for New and Renewable Energy Farooq Abdullah will dedicate this state-of-the-art power plant with a capacity to generate 3 MW to the nation.
Ahmedabad: Nano plant presence in Sanand will lead to greener surrounding areas. Not just jobs but the environment of the area and the depleting tree cover would also be taken care by the Tata Motors as a part of its corporate responsibility initiative.
FAISALABAD (June 07 2010): On the motivation of City District Government (CDG), a pioneer test project of solar energy for street lighting in specific areas, with the financial co-operation of local traders and merchants.