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Zero investment on rooftop solar rare for residence

Zero investment on rooftop solar rare for residence

Rooftop solar plants install under two models: Capital Expenditure (Capex) and Operational Expenditure (Opex). The latter is also known as Resco or Zero Initial Investment Model (Refer). In this model consumers do not expend any money for the purchase of rooftop solar plants. They only pay to the installer/solar developer for solar energy generation as they go about consuming it or feeding it…

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Reports on solar energy at Rs.3 are false!

Reports on solar energy at Rs.3 are false!

A dip in solar energy cost in India has become a phenomena and it continues to fall. The lowest tariff recorded in solar sector of India was Rs. 4.34 per unit until recently. But Amplus Solar has broken that record by quoting a tariff of Rs. 3 per unit or so report the news articles. People have been calling us to know if the cost of solar energy has actually reached that low? We explain: Only…

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ROOFTOP SOLAR FOR DOMESTIC CONSUMERS IN HARYANA

ROOFTOP SOLAR FOR DOMESTIC CONSUMERS IN HARYANA

On 1st August, 2016, Haryana Electricity Regulatory Commission has issued the latest tariff order for the state consumers. The commission has restrained tariff hike in the current fiscal. At the same time it has increased the amount of incentives for domestic consumers for using rooftop solar. ROOFTOP SOLAR FOR DOMESTIC CONSUMERS STILL REMAINS COMPETITIVE AGAINST HARYANA’S ELECTRICITY…

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IS INDIA PREPARED FOR SUB-4 SOLAR ENERGY TARIFF?

IS INDIA PREPARED FOR SUB-4 SOLAR ENERGY TARIFF?

Solar Energy Corporation of India (SECI) has just changed the rules for selection of Solar Power Developers (SPD) in the upcoming solar park tenders (Read). The VGF based tender under Phase II Batch IV of National Solar Mission (NSM) will see a split tariff- Rs.4.50 and Rs.4.00 per unit. Solar energy tariff will be capped at Rs.4.50 in those states where they have remained over Rs. 4.50 otherwise…

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GST OR A.D, WHAT WILL BE THE FATE OF ROOFTOP SOLAR?

GST OR A.D, WHAT WILL BE THE FATE OF ROOFTOP SOLAR?

Next fiscal which starts in just 7 months will have a lot to unfold for solar energy in India. What will apply-GST or lower A.D benefits? Because both are expected to come up from 1st April, 2017. While reduction in A.D was announced during budget presentation, GST is a fresh development. As such what should the non-residential consumers including industrial and commercial consumers do? Should…

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CAN ROOFTOP SOLAR ECONOMICS BE SAVED IF DEMAND DIPS?

CAN ROOFTOP SOLAR ECONOMICS BE SAVED IF DEMAND DIPS?

We often receive questions from schools or industries about the economics of rooftop solar plants when they are shut. This is another reason why these consumers shy away from installing rooftop solar plants. ROOFTOP SOLAR NET-METER REGULATIONS DOES NOT CURTAIL SOLAR GENERATION DURING LOW DEMAND OR COMPLETE SHUT DOWN. UNACCOUNTED ROOFTOP SOLAR ENERGY ARE LIKELY TO BE NEGLIGIBLE ACCORDING TO…

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SOLAR ENERGY IS REALISTIC APPROACH OVER TARIFF CUT

SOLAR ENERGY IS REALISTIC APPROACH OVER TARIFF CUT

Current fiscal has seen a moderate tariff rise by 5% Y-O-Y. Lately Punjab has come up with its tariff order. The state hasn’t increased the tariff for domestic consumers and has slashed the same for the industrial consumers. In current fiscal tariffs have been maintained at the same level in many other states too. Meanwhile cost of solar energy has also been going down. Declining cost of solar…

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ROOFTOP SOLAR DESERVES FLEXIBLE FINANCING

ROOFTOP SOLAR DESERVES FLEXIBLE FINANCING

Rooftop solar in India deserves easy, better and flexible financing and we mean it. Utility scale ground mounted solar energy plants in India already have easy access to cheap financing- a key reason for drop in their tariff. These 1 MW solar power plants have accelerated the growth of solar energy in India. Contrary to that rooftop solar plants have witnessed a slow growth. While there are…

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Will solar energy GST help Indian players?

Will solar energy GST help Indian players?

Power ministry is considering Goods & Service Taxes (GST) on renewable energy equipment imports. Ministry expects that the move will benefit the local manufacturers. True, but solar energy tariff will revise upward after a brief period of time. How will the GST (if implemented) impact the solar companies in India? DOMESTIC SOLAR ENERGY MANUFACTURERS MAY GET A BOOST MNRE EXPECTS THE LEVELISED…

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Yes, solar energy will light Maharashtra

Yes, solar energy will light Maharashtra

In our previous post CAN SOLAR ENERGY LIGHT A DARK MAHARASHTRA?  we have deliberated that solar energy may or may not have a future in the state. It all depends on consumers circumstances. But for industrial and commercial consumers we are sure that solar energy indeed holds a strong market for them. ALL MODES OF POWER PROCUREMENT IS GOING TO BE EXPENSIVE IN MAHARASHTRA SOLAR ENERGY MIGHT HELP…

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Can solar energy light a dark Maharashtra?

Can solar energy light a dark Maharashtra?

Power sector of Maharashtra continues to grope in dark. This may sound strange as there is no dearth of power in the state. Darkness is metamorphosis for the losing sheen of the state’s power sector due to negative developments. State utilities have again demanded a hike in tariff as they also continue to lose their premium consumers. As such what role is solar energy going to play to improve the…

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Rooftop solar limits your tariff to Rs.8

Rooftop solar limits your tariff to Rs.8

Sixteen of twenty nine states have declared their new tariffs indicating an average 5% rise over previous year. Delhi hasn’t! The delay has given rise to many speculations. Will the tariff be revised; maintained at current levels or reduced? Will a rooftop solar plant cost more in Delhi? Should Delhites remain indifferent to tariff and invest in rooftop solar? Let us find out: TARIFF REVISION…

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Solar energy loan: Will rates become cheap?

Solar energy loan: Will rates become cheap?

Renewable energy projects in India and in particular the solar energy entail high upfront cost. Interest rates on solar energy is also high in the country. Will the Indian government’s effort ensue competition and bring down the cost of loans in near future? Or will a less regulated environment decide? Global institutional banks are transmitting loans to India to support its solar energy program…

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Solar energy to outpace coal in India?

Solar energy to outpace coal in India?

It is no more a hidden fact that solar energy in India has fared better compared to conventional power generation in recent times. This especially during FY 2015-16 when solar energy tariffs in India crashed making them a tough competitor to coal. As per CEA report of April, coal based thermal power accounts for around 61% of total power generation in India and 88% of total thermal generation…

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Impact of doubling solar energy park

Impact of doubling solar energy park

Government of India could be mulling over to double the target of solar energy parks. Currently the target is to achieve 20,000 MW through solar parks, 40,000 MW from other ground mounted solar and another 40,000 MW from solar rooftop market in India-totalling 100,000 MW- by 2022. If the government doubles the target of solar park from 20,000 MW to 40,000 MW, what will be the likely impacts on…

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Solar energy policy of Delhi is approved

Solar energy policy of Delhi is approved

The long impending solar energy policy of Delhi has finally been approved. The state government had notified a draft document of Delhi solar policy in September 2015 itself. Earlier we had analysed Rooftop Solar & Delhi Domestic Consumers to know advantage of incentives announced by the government. The approved policy is yet to go on any public domain, but as news report, it seems it is not much…

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Myth: Solar Energy always gains from electricity tariff hike

Myth: Solar Energy always gains from electricity tariff hike

As of 3rd June 2016, 16 state electricity regulatory commissions have notified their tariff orders. On an average, a 5% tariff hike has been approved in the current fiscal. Other states have not declared their tariff orders yet. This doesn’t surprise us, as historic data indicate that tariff hike of 5-7% seems to have become a norm in the past few years. In contrast, solar energy in India has…

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