Due to high land cost and banks' reluctance in financing renewable power projects, Punjab has not been able to tap solar energy optimally despite abundant sunshine.
Experts say, for a solar power project to be financially viable, land cost should not be more than Rs. 2 lakh per acre. But even in backward areas of Punjab, an acre costs more than Rs. 15 lakh.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/high-land-cost-shy-banks-shadow-sun-power-sector-0
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/indian-express-chandigarh
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electricity
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/punjab
