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India is now emerging as a global leader in the renewable energy sector. In recent years, installing solar panels on roof in India has witnessed remarkable growth, revolutionizing the way energy is generated and consumed. This article explores the factors driving the expansion of India’s rooftop solar industry and highlights the transformative impact it is […]
Solar energy is emerging as a critical component in India’s energy mix, and for a good reason future of solar energy in India is bright. The country’s growing population (140 crore in 2023) and expanding economy (fifth largest, 6.9% growth expected in 2023) have resulted in a significant increase in energy demand, which adds urgency […]
The COVID-19 global pandemic did throw businesses into an unfamiliar playing field and left many scrambling to find a way out of this crisis. Although, we have seen the steepest slowdown in the global economy (3%) in 2020, since the Great Depression of the 1930s, the world community has moved mountains to settle down by […]
With growing solar demand (expected to grow 15% by 2021) year after year, the world is leaning towards high efficiency modules to increase generation efficiency and make green energy much more reliable. This growing demand can be taken as an unequivocal proof that solar is going to be the future of energy. As the high […]
The COVID-19 pandemic has dealt a damaging blow to the global manufacturing industry by reducing demand, supply, and causing workforce availability challenges. The world is restarting, implementing safe work procedures and flexible strategies. Now it is up to countries like India to stand tall and take positive actions that inspire the world to strive towards […]
Businesses all over the world are rapidly choosing green energy with good reason! Vikram Solar has always been at the forefront of supporting businesses and their green energy endeavours. This leaping green energy adoption trajectory indicates something more than just positive PR and wanting to reduce carbon footprint. The reason is simple. When a company chooses to go solar, it is actually incorporating a triple bottom […]
by Mr Gyanesh Chaudhary, Managing Director, Vikram Solar The Union Budget 2021 is a new hope for a country emerging from impact of the global pandemic. We are glad the Hon’ble finance minister, Shri Nirmala Sitharaman’s Union Budget for Financial Year 2021-22 (FY2021-22) focused on empowering the country to move forward in changing strategic and geopolitical landscapes with accelerated reforms. For the renewables sector, all eyes were on this budget […]
While the entire Indian Renewable energy industry and especially Solar is appreciative of Government of India’s initiatives to support green energy during the pandemic, the domestic manufacturing sector requires a major boost to make the ‘Aatmanirbhar Bharat’ vision a reality. As we inch towards the Union Budget, we are hopeful of targeted initiatives and policies […]
October 15th the enforcement of the third year of the Graded Response Action Plan (GRAP) in and around Delhi and its neighbouring areas (Delhi-NCR). As part of GRAP, the Union Environment Ministry has announced a ban on the non-essential use of Diesel Generators in Delhi-NCR. The Scenario The degrading air quality has led Delhi-NCR area to […]
India is a country focused on progress. The recent initiatives, policy reforms, and growing investment towards promising sectors like Green energy testify the country’s intent. Although demand for rooftop solar has witnessed depression due to COVID-19, this is the right time to go for Rooftop solar as this industry has the capacity to reduce our […]
The globe is experiencing a gigantic energy crisis in this 21st century. This manifestly reflects the instantaneous requisite of sustainable and environment-friendly practices. Therefore, individuals are required to shift their dependence on renewable resources for handling their energy demands. One of the most sought-after and integral sources is solar power. Solar power yesterday and today […]
COVID-19 hasn’t just caused a loss of life and untold suffering to the world, it has also brought economic damage on a scale that is suspected to surpass damage caused by 2008’s global financial crisis, globally as well as for India. Understanding the situation and its impact on our future, the world is moving towards […]
Understanding the merit of sustainable energy adoption comes only from comprehensive knowledge of the present and the desire to make a better, cleaner future. We at Vikram Solar understood the responsibility to shoulder the green energy revolution and have always been eager to aid in spreading knowledge and making high-quality solar modules available for your […]
In pursuit of sustainability, Vikram Solar has taken another step forward by contributing to solar pump installations across India. Since the agriculture sector accounts for nearly 18% of India’s gross domestic product (GDP) and nearly 60% of India’s rural households still depend on agriculture to survive; it is fair to state that protecting and nurturing […]
India’s renewable energy industry, mainly solar is suspected to see challenges ahead due to the Coronavirus outbreak. Since, India depended on Chinese firms to supply about 80% of solar cells and modules used in the country, the viral outbreak will present the issue of depletion in raw material supply to support Indian green energy future. […]
A stronger existing project pipeline has encouraged Indian solar sector to move forward each year, but in terms of market fundamentals, the industry is facing tremendous challenges leading to slog in green energy adoption growth. Although, last year’s budget failed to focus on making soft loans, export credits available and did not give any inclination […]
Hon’ble Prime Minister Shri Narendra Modi’s Government has been pro manufacturing from the very beginning. Initiatives like Make in India, GST, drafting National Policy on Electronics, increasing export incentives, launching phased manufacturing programme (PMP), Modified Special Incentive Package Scheme, and planning a new industrial policy under the current regime have increased the FDI inflow within […]
2019 has been another winning year for the global PV industry. The sector witnessed nearly 115 GW new capacity addition in 2019, recording a 17% increase from last year’s growth. With the world becoming more aware and ready to adopt solar, the increasing flow of investment, emerging economies leaning towards green energy, and consistent drop […]
2019 brought India new opportunities for the industry. However, we have to highlight that the country was only capable of installing less than 7 GW of solar energy capacity in the calendar year 2019, which is lower than the country’s performance in the previous year. The trade war between China and the US, inconsistent policy […]
India’s efforts at realizing green energy targets are facing an incredible challenge with its growing dependence on fossil fuels. The country has already become the 3rd biggest oil consumer in the world and predictions highlight India to become one of the two largest fossil fuel consumers in the world (consuming nearly 50% of global oil […]
Continuously depleting natural resources pose a great threat to the world as its population continues to rise. Starvation, lack of energy, and important requirements to sustain life throughout the world has made it obvious that current consumption and production patterns are unsustainable, especially for energy. Management of lifecycle of resources, from their extraction to consumption […]
Recently Government data has revealed that factory output shrunk by 4% in September 2019, standing at the lowest in last 7 years. Data released by the National Statistical Office (NSO) highlighted that the Indian manufacturing sector’s current contribution to The Index of Industrial Production (IIP) to be lowest in the last five years. Undoubtedly, this […]
Indian solar power industry has been growing at an incredible rate and currently stands at nearly 32 GW of installed capacity in 2019. Although 2019 brought India new opportunities for the industry, we have to highlight that the country was only capable of installing less than 7 GW of solar energy capacity in the calendar […]
For obvious reasons the healthcare industry worldwide requires an uninterrupted supply of electricity. Although, globally we have made great strides in harnessing and utilizing energy, still more than 1 billion people (worldwide) are currently living without electricity. And interruptions in energy supply in developing countries, have created an enormous challenge for the health care industry. […]
Acceptance towards Renewable energy worldwide has created an upheaval in the existing energy industry, giving sustainable energy sector more and more market share every year. Last year global Renewable energy growth was phenomenal, which showcased 171 GW of new capacity addition. Although, last year’s capacity addition was only 7.9% higher than 2017, consistent growth has […]
India has clearly shown intent towards adopting solar energy to bring electricity to its furthest corners. The country has taken inspiring initiatives, shouldering reformations, facilitating industrial growth, and bringing investment to support the mission to utilize sustainable energy. Also, solar power has come a long way since 1977 when solar panels were priced at $77 […]
Existing Government has understood the importance of building manufacturing scale and has left a clear mark by fostering socio-economic revolution through policy reformations and improving inner mechanisms. Initiatives like Make in India, GST, drafting National Policy on Electronics, increasing export incentives, launching phased manufacturing programme (PMP), Modified Special Incentive Package Scheme, and planning a new […]
Taking a pragmatic approach, Finance Minister Nirmala Sitharaman brought forward her first budget announcement, highlighting the Government’s approach to lead India’s economy to a $5 trillion target. The primary focus of the budget was to boost infrastructure and foreign investment at a time when the economy is showing signs of slowdown. It is important for […]
India aggressively moving towards solarisation has indeed opened up the opportunity for energy reliance and power for all. Government support and encourage takes credit for such rapid developments within the country that promises to initiate socio-economic growth. However, since more than 60% of the country’s population reside in the rural areas, the only way to […]
The recent initiatives, policy reforms, and growing investment towards promising sectors like Green energy testify the country’s intent. However, the recent budget for 2019 has failed to provide required support to Rooftop solar power sector, which has the potential to reach electricity to the furthest corners of India and make Power for All a reality. […]
In recent years, India has shown an unprecedented growth trajectory adding huge solar power capacities year-over-year. This growth rate has enabled India to become the third largest solar market in the world, overtaking Japan. However, what disappoints me is that growth in solar system installations has not increased solar energy adoption into electricity grids as […]
Indian Solar power industry has shown incredible growth, showing an inspiring trajectory of growing capacities from 5 GW in 2015 to 10 GW in 2016 to ~30 GW growth in 2019. Although there is growth, we should remember that India still has to install more than 20 GW of solar energy capacity each year for […]
The Solar Energy Corporation of India Ltd (SECI) has taken multiple initiatives to support and uphold Indian solar power industry and its priorities. However, its recent actions, mainly the 10 GW capacity solar project tender that came with a mandate to set up a 5 GW of manufacturing facility to win the privilege of bidding […]
The existing 1,000 megawatts (MW) central public sector undertaking (CPSU) scheme under the National Solar Mission (NSM) has recently been extended by The Cabinet Committee on Economic Affairs (CCEA), raising the total approved capacity under the scheme 12 GW. Additionally, we need to highlight that CCEA’s INR 8,580 crore approval for viability gap funding to […]
With India consistently taking charge in building a sustainable energy infrastructure, it is clear that the future of the country is bright. However, to assess scale of growth and predict the success of countrywide green energy adoption, we need to identify progress rate state wise. States like- Telangana, Rajasthan, Andhra Pradesh, Tamil Nadu, and Gujarat […]
What you wish someone had told you before you started your first job! By Ms. Neha Agrawal, Head of Corporate Strategy and Support Services Picking your career is one of the most important decisions of your life. And, your actions at the very beginning of your career determine your growth and success in the […]
The year 2019 has started with huge opportunities for solar in India, highlighting 10 GW to 15 GW new capacity additions in the renewable energy sector giving solar majority in this contribution by the end of 2019. Expected growth in utility-scale solar and Indian Government’s recent decision to focus on rooftop solar development will also […]
Recently, President of India launched 2nd phase of grid-connected rooftop solar energy photovoltaic (PV) program, which is a promising news indeed. According to the plan, 38 GW of rooftop solar power capacity will be targeted for installation. Government has also announced support to provide ₹118.14 billion financial assistance to promote this initiative, which will surely […]
In the last 130 years, fossil fuel extraction and consumption has led to increase of global temperature. Daily CO2 emission levels stand at 406.47 ppm (parts per million globally) and with population increasing (7.7 bn in 2019), pollution: which is causing climate change will surely show much severe results in the near future. Research shows […]
Our fossil fuel generation and consumption have led to critically damaging the climate. Although, the world is turning towards green energy generation, in comparison to the damage, the restoring process is quite slow. And, we are not considering completely phasing out fossil fuel. Currently, the target we have in front of us is to limit […]
Government of Spain has announced plans to suspend sun tax to reduce electricity bills, which stand as the highest in Europe and continues to rise. Increasing electricity expenses in the country has reportedly led to harming business competitiveness as well as shrinking consumer’s capacity to purchase power. The removal of Sun tax, which stood at […]
2018 has been a trying year for solar power in India, with policy change in China, tender cancellations and tax/duties being levied upon the domestic solar panels manufacturing sector. Calculation shows that nearly 35 GW of solar energy projects were tendered between Jan-September 2018 in India, upon which only 13 GW of projects were auctioned […]
The Delhi Electricity Regulatory Commission (DERC) introduced revisions on their Solar Policy 2016, adding group net-metering and a virtual net-metering framework. Understanding the importance of rooftop solar energy growth for the country, this policy is expected to encourage people to opt for commercial, industrial and residential solar rooftop solutions, even without having a suitable roof […]
Depleting conventional energy reserves and climate change due to fossil fuel usage have made it a necessity to shift focus towards green energy- mainly solar. Although, reliable and green, solar energy source is not available throughout 24 hours of the day. Therefore, the merit behind investing in energy storage is as relevant as investing in […]
India became the 2nd largest solar power market in the world in terms of deployment after overtaking United States in the first half of 2018. In 2018 China added more than 24 GW of solar energy capacity while India added approximately 7 GW. However, this should not define Indian solar sector’s performance within 2018 as, […]
India has made exceptional and inspiring strides towards renewable energy growth, focusing on solar Power. However, the country is still one of the largest (3rd) oil consumers in the world, consuming 4.69/million barrels per day, having a 4.8% share of the world’s total oil consumption. It is expected that China and India will account for […]
International Energy Agency has highlighted in their recent report that India’s primary energy demand will double by 2040, surpassing countries like China in energy demand growth. Although this growth will be around half that of China’s energy generation today, it is certainly considerable. Current energy demand in India is ~172 GW, and although India’s total […]
Although India currently has ~24 GW of installed grid-connected solar power capacity, the country needs to install near about 18 GW of solar energy capacity for the next 4 years to reach the set 100 GW target. In such a scenario, slowing down solar panels installations should be considered as a threat to the solar […]
Central Electricity Regulatory Commission’s (CERC) recent order to allow reimbursement of additional GST under “Change in Law” for two project developers due to introduction of GST law, can be considered a progressive decision. According to the decision, solar energy project developers (SPD) would receive a total of ₹2,153.9 (~$30.1) million from government agencies. Nearly 15 […]
Make in India, announced by Hon’ble Prime Minister, Shri Narendra Modi brought forward an initiative focused towards manufacturing, promising- manufacturing growth, new investment, job creation, and economic revolution for India. The initiative worked as expected- bringing revenue, initiating technological growth and industrial development in solar power sector. New and lucrative sectors like solar energy in […]
Green energy transition can mark a new beginning for the country as it promises ‘Power for All’. Championing installing solar panels stand to offer technological growth, industrial growth, and the opportunity to claim the export market, all of which developing countries like India needs. And considering Government of India’s support to solar energy adoption, we […]
India’s success in becoming a leading country in green energy revolution within just a couple of years, shows exemplary policy and support structure established by the Government of India. Installed solar energy capacities growing by leaps and bounds (from 5 GW in 2015 to 10 GW in 2016 and ~23 GW in 2018) clearly highlight […]
India has shown an aggressive move towards solar energy implementation, and recent capacity additions that nearly doubled in recent years (5 GW in 2015- 10 GW in 2016- ~22 GW in 2018) testify the country’s intent. The growth trajectory is undeniable indeed, but there have been challenges. Transmission & RPO issues can be considered as […]
Businesses all over the world are rapidly going through solar energy transition. And this exceptional rate of solar adoption clarifies that positive PR and wanting to reduce carbon footprint are not the only reasons fuelling this growth. The reason is much more complex. When a company chooses to install solar panels, they are actually incorporating […]
Confusion regarding safeguard duty on SEZ based solar panel manufacturers, lack of efficient solar energy transmission infrastructure, ambiguity over GST rate, falling tariffs are leading to diminished marginal returns for investors engaged in funding solar energy projects. And this is slowing down solar energy growth within India, even though solar power solution has been championed […]
By Hatem Hamam, head of sales, MENA, Vikram Solar Let’s agree that the limited reserves of fossil fuel and its growing impact leading to environmental degradation highlights a very costly, dangerous, and unsatisfactory future for our world. It is easy to understand that as the fossil fuel reserves near depletion, the cost of fossil fuels […]
Government of India’s commitment to install 100 GW solar energy by 2022, created huge opportunities, brought foreign investment opportunity (more than $100 bn), created 416,000 jobs in India in 2015, brought opportunity of industrial development, and made India the second most attractive renewable energy market in the world. However, on July 30th 2018, India’s Ministry […]
China’s new renewable energy policy, which terminates approvals for new subsidized utility-scale solar panel systems, has reduced the demand for solar components in world’s leading solar installer. Over the last decade, China created solar manufacturing scale and became the biggest supplier of solar equipment in the world. After gaining such a mantle, reducing its own […]
Government of India has made incredible strides in speeding up solar energy growth. Country’s recent initiative to revise the renewable purchase obligation (RPO) goals for up to FY 2012-22 is expected to improve solar panels adoption scenario. For FY19-20, solar electricity RPO is set at 7.25% and for FY20-21 solar RPO is set at 10.50%. […]
The effects of climate change are not subtle anymore. The challenges it presents are threatening- not just our way of life, but putting the future of the world on unstable grounds. As a growing country, India needs to focus on how climate change impacts its development and take initiatives that are sustainable in nature. The […]
Energy has been one of the most neglected issues in international development. Look at how far we have come in industrial, medical, architectural, and entertainment sectors. Even interplanetary leaps are not science fiction for us anymore. Still, somehow our society didn’t really progress that much in utilizing clean energy. We are still heavily dependent on […]
Industrial and commercial solar sectors in India have been way ahead of residential solar growth in past few years. However, with Government of India focusing on the residential solar to raise awareness and to involve common man into the fold, residential solar adoption has picked up recently. Residential solar capacity, which is currently at 130 […]
Policy reforms in India have helped the country to rank higher in the list of Business ready countries. Jumping 32 places up from 2016 and acquiring 100th place in the list has huge implications for the growing solar industry. This has impacted the budding solar industry in India, bringing in more investment opportunities within the […]
Global solar predictions for 2018 were estimated to scale the industry to close the gap of solving world’s primary requirement of a greener cleaner mainstream energy. China installed 52 GW of new solar in 2017, while US added 12.5 GW, India ~6 GW, Japan 5.8 GW, essentially becoming the leaders of the solar revolution in […]
Recently India has shown intent towards socio-economic revolution by not just initiating energy transition but also improving the functionalities of the inner mechanisms. However, considering the growth patterns of the dominant economic super powers in the world, it is important for India to focus on manufacturing to boost its growth while curbing its unemployment rate. […]
Solar energy is a major renewable energy source with the potential to meet several challenges we face as humankind. This power source is increasing in popularity because of its versatility and many benefits to people and the environment. Climate change has led to real crisis, with increase in flooding and hurricanes due to disturbed weather patterns. […]
Limiting global temperature rise to well below 2 degrees Celsius is a necessity now, as the alternative seems to introduce world dismantling consequences. The Paris Agreement has opened up a platform that showcases the benefit of collaboration in stopping climate change. If we are to assess, we would see that stopping climate change has inter-linked […]
Solar energy is ready to power our current generation and essentially lead us into the next with a brighter prospect for future in sight. And globally the awareness is rising to adopt the technology, aiding the growth and leaving fossil fuels behind. Although solar modules are at the centre of this technology, orientation and positioning […]
India is perfectly positioned at the North of Equator to receive 300 to 330 sunny days a year. This geographical position equips India to generate 5,000 trillion kilowatt-hours of solar energy, satisfying energy deficit in the country and leveraging industrial reform. The Potential India’s current peak power demand is approximately about 167 GW. And calculations […]
The CO2 blanket that has enveloped the world constantly threatens to alter and eventually decimate the life sustaining qualities of the climate. Effects of climate change are no longer subtle. Frequent wildfires, shifting habitat, prolonged heat waves, spread of disease, stronger storms, melting artic ice cap, and raising sea levels are hinting towards the future […]
Cities stand as the most advanced social engineering example of human kind. They have been the very centre of development, welcoming change, offering opportunities, and spreading (social, economic, political, and now technological) growth throughout the world. Therefore, it is understandable that the first step to build the sustainable future will start from cities in our […]
Our continuous usage of fossil fuel has polluted the world and left us with an unstable environment. Coupled with the fact that fossil fuels are limited, the shift towards solar can be identified as the immediate necessity for our world’s present and future. Technological, social growth has led us to a stage where we are […]
India is showing positive intent toward change, following the tried and tested methods of developed countries to initiate socio-economic transformation. By reducing time frame for construction, offering flexible financing solutions, protecting minority investors, skill development, resolving insolvency, enforcing contracts and creating favourable policy environment has helped India create a better position for itself in the […]
The Indian solar growth is not confined to only utility scale development and installations. The Rooftop Solar Sector is also showing incredible growth in the recent years. The Rooftop sector in India has been adding from 72 MW to 227 MW capacity per year since 2013. In 2016, this sector surpassed the 1 GW mark […]
Indian solar industry witnessed huge capacity additions and expansions in 2017 globally. Not only China which led the growth in solar with 52 GW, but US, India, Japan, and Germany showed incredible growth trajectory. New solar markets like South Korea, Chile, and Turkey came forward and became GW markets in 2017. Growing awareness and interest […]
Government support and encouragement has helped Indian solar industry to reach ~16.6 GW solar capacity. Government of India should be commended for bringing in (and incentivizing) solar venture for private players, which has played a major role in green energy capacity ascension. It is a fact that solar in India has scaled a great height […]
Country wide solar adoption depends upon growth in awareness and involving the common man. Understanding this, the Government of India has focused on rooftop solar development while taking enormous leaps in utility scale solar installations. It is important to note that India has a rooftop solar energy generation potential of 124 GW (current total energy […]
Government and private players working in a unison has created a favourable environment for solar in India. The growth has been incredible till date, showing considerable increase in energy generation rate (India is estimated to become energy surplus country at the end of 2017). Solar favouring policies, strategies, and systems in place have done a […]
Accepting and promoting green energy through solar is amounting to be the one in a million ideas that promise to revolutionize and reform the world in a hurry. And Indian Government is decisively supporting solar, envisioning an energy rich country that fosters socio-economic reform. However, India being home to 17.86% (and growing) of global population, […]
The effects of climate change are quite clear and continuously growing as a threat to Earth’s life sustaining environment. Although we are still heavily depended on fossil fuels, the world is now trying to phase out conventional energy and shifting towards renewable energy. However, recent studies show that ‘what’s next after all fossil fuel reserves […]
In pursuit of saving the planet, and to find a more feasible energy source, we readily accepted solar. Little did we know that the simple decision to ‘go back to the basics’ would not only connect us with an infinite energy source, but also offer a way to save natural resources. And by saying natural […]
With India moving rapidly towards green energy shift, championing solar, and making efforts to transform the country as a favourable environment for business, the future promises wholesome growth and development. However, taking a closer inspection of the infrastructural efficiency of the energy transmission sector (since energy is interconnected with economy) of the country would highlight […]
Greater manufacturing capacity and efficiencies hold the key to India’s growth and success in becoming the global leader. And recent initiatives by Government testify the country’s intent on claiming the mantle of the fastest growing manufacturing hub in the world. However, prioritizing the fastest growing manufacturing sector within the country (which is solar sector) and […]
India’s growth trajectory in solar sector indicates rapid change of the energy landscape. By practically doubling its solar capacity in recent years (since 2015), Indian has inspired developing countries and has instilled global trust on solar. Although, currently India has 14 GW of solar capacity, the country is still far from reaching its 100 GW […]
India’s renewable energy push is a commendable shift that promises to bring socio-economic change and drive progress. Government support has been the primary force behind this growth and scaling from 10 MW of solar capacity in 2010 to 13 GW in 2017. Besides utility scale installations, Government support has spurred a growth trend within rooftop […]
This page outlines all the available funding and incentive schemes for solar energy in the state of Gujarat in India, both at the Federal and State level. If you notice anything that is incorrect or out of date, please let us know via our contact page. Gujarat is the fourth leading Indian state in terms […]
A few years ago, Solar was considered experimental and was a niche industry in the huge sector of energy generation. However, all it took for the world to accept solar was a close inspection of green energy benefits that it offered. Today, Solar PV panels have a huge demand, global capacity additions nearly reached 77 […]
India’s solar growth has become a shining example and an inspiration for developing countries to venture in solar. With Countries investing huge in renewable energy ($200 billion in 2018), a plethora of new opportunities are in line, ready to be claimed in the market. And Indian solar growth showing an impressive trajectory reaching from 12 […]
India has successfully surpassed 1 GW milestone for rooftop solar growth, showing near about 113 per cent growth in 2016 over 2015. This is a considerable growth factoring in the lack of industrial environment in India. Although, Central Electricity Authority of India’s (CEA) latest plan to add about 24 GW rooftop solar capacity within 2027 […]
Indian solar growth is a trajectory impressive enough to compete with dominant solar players. Lack of an industrial backing could not stop India from introducing renewable energy installations within the country. Current solar power capacity standing at 12 GW, and 14 GW capacity projects under construction and 6 GW to be auctioned assured a quick […]
This page outlines all the available funding and incentive schemes for solar energy in the state of Maharashtra in India, both at the Federal and State level. If you notice anything that is incorrect or out of date, please let us know via our contact page. Maharashtra has 430 MW of cumulative capacity of solar […]
Indian solar sector has done a great job surpassing 1 GW capacity for rooftop sector out of the set 40 GW target. Given, that the numbers are not pretty impressive if we are to compare it with improvement in the dominant countries, we have to consider that the current growth shows 113 per cent growth […]
India has journeyed a long way gaining global recognition as a major solar player. As of now, the country has 12 GW of cumulative solar energy generation capacity, with 14 GW under construction and 6 GW to be auctioned. Considering the fact that India has doubled its capacity within a bit more than a year […]
Indian total installed energy generation capacity stood at over 320 GW (326848.53 MW) on 31st March 2017. Although the country has added 93.5 GW of power generation capacity within its ‘12th Five Year Plan’, more than 4000 villages in the country still remain without access to electricity, and power failures still plague the ever demanding […]
India’s aggressive push towards green energy shift is finally picking up speed, catching up with country’s current primary energy generation source, thermal energy. In FY 16-17, while the thermal energy generation capacity stood at 11.5 GW, renewable energy reached 11.3 GW capacity, promising to surpass thermal power in a short time span. It is great […]
The 100 GW by 2022 target has created an urgency driving up the solar capacity of the country. Besides highlighting India’s step to curb carbon emissions in the UN, this move towards green energy shift has also given India the opportunity to bridge its continuously increasing gap between energy generation and demand. India’s electricity consumption […]
India’s pursuit towards green energy, upholding solar as the tool to build an energy rich future has translated into nearly 12 GW cumulative installed solar capacity in 2017. Considering, that the country stood at 5 GW of capacity in 2015, it is commendable how Indian solar industry has progressed more than doubling the capacity within […]
Indian solar industry has scaled great heights surpassing 10 GW in 2017, from a meagre 10 MW in 2010. Even without huge industrial muscles that other countries keep on flexing, India braved all odds showing continued growth in the solar vertical. From 2015 to the beginning of 2017, Indian solar sector has successfully doubled its […]
India’s peak power demand is expected to rise from current demand 153 GW to about 690 GW by 2035-36. And since, half of the country’s CO2 emissions come from the power sector (805.4 million tonnes in 2016), quick energy transition is not just an option anymore, it is a necessity. Solar shows a way out […]
Currently, the daily CO2 emission levels stand at 406.47 ppm (parts per million globally). And considering the growing population which is estimated to be 7.5 billion in 2017, showing a 1.11% growth rate, it is fairly easy to understand that our world needs a change to preserve its nourishing atmosphere that is quickly fading. We […]
Of the 40 GW solar capacity target announced for Indian rooftop sector, the country has surpassed 1 GW capacity recently. Although these numbers stack up pretty low in comparison with rooftop solar capacity in dominant countries, this development shows more than 113 per cent growth rate over 2015. Such a growth rate can be considered […]
With global acceptance of solar rising, having a comprehensive understanding of the technology and its terms would keep you at an advantage. You would not want to miss out on opportunities that renewable energy is bringing alongside the promise of an energy rich future. Knowing the important technical terms and its meaning can better your […]
Current success of the Ujwal DISCOM Assurance Yojana (UDAY) really marks the beginning of a better and energy rich future for the nation. In the previous blog, we have given you a brief idea on the transformations needed for a better power transmission throughout India. In the same breath, we need to highlight the recent […]
India’s aggressive move toward green energy implementation has helped the country to nearly topple dominating solar installers (countries) and claim their position in the world. Solar capacity additions in India have gathered incredible speed, doubling the solar capacity (from 5 GW in 2015 to 10 GW in 2017) within a year (give or take a […]
Zero emission future may be a bit further than our envisaged solar development processes can illuminate now, but it is very much tangible and achievable with continued growth. Countries are moving towards energy shift faster and more aggressively. They are trying to claim as big a part of the growing solar market as they can […]
The driving force behind Vikram Solar, Mr. Gyanesh Chaudhary appeared in an exclusive CNBC feature on 28th January 2017, providing a detailed scenario of the Indian solar sector and the journey of Vikram Solar in the last decade. Vikram Solar was incorporated in 2006 and hasn’t looked back since. How do you think solar power […]
Solar energy growth has quadrupled in recent years with the help of Government backed policies and financial aids. Standing at a cumulative 10 GW energy capacity in March 2017. Keeping the impressive growth rate in mind, we can assume that India is very likely to reach 100 GW capacity by 2022. Currently Indian solar sector […]
Indian solar sector reaching 10 GW milestone recently has made the 100 GW by 2022 goal more tangible than ever. The growth rate is quite commendable, considering India had only 2.6 GW solar capacity in May 26, 2014. Granted that soaring global solar acceptance and support from Indian Government has played a major role in […]
Indian solar leap has become the toast of the world with continued improvements. Policies, strategies, and systems is place have done a great job in showing a way for the country to turn around and become the 4th largest economy in the world (already the 7th largest economy in 2016). India has high hopes of […]
With 513 MW of capacity addition within the last 12 months, the Indian rooftop solar industry has surpassed the 1 GW mark. This development shows more than 113 per cent growth rate over 2015. Drastically falling PV module prices (12 per cent per annum in last four years) played a major role in such growth; […]
Merits of using renewable sources for energy have received global acceptance. Global investment in renewable in 2016 ($286 billion), far surpassing investment in fossil fuels ($130 billion) clearly portrays the future of renewable energy in the world. And among different types of renewable energy, solar energy is quickly introducing itself as the perfect alternative for […]
Renewable energy is making quite the noise around us. Especially solar. From educational institutions to residential establishments, people are seriously considering solar solutions, trying to save up on their electricity bills, and doing their part in environment improvement. And with developing countries like India, Africa, Brazil, Indonesia, taking a more courageous stance, showing acceptance towards […]
Image Source: Vikram Solar, 3.4 MW Rattan India Project, MP Indian solar growth has received commendations globally. MNRE’s pursuit to reach 40 GW capacity from grid connected solar rooftop installations by 2022 has been a primary driver behind this incredible growth. From 525 MW installations in 2015, to crossing the 1 GW mark in 2016, […]
By saying climate awareness, we do not mean to imply that we want our climate to become sentient. No, that burden befalls on us to understand, develop, and act on maintaining a few regulations that can contribute to climate betterment, which ultimately decides the future of human kind. Till now, we are used to making […]
If India is to transform itself into a global leader in the future, by leveraging industrial growth, becoming self-sufficient is the key. If we compare the solar industry scenario in China and the US, the countries that are currently dominating the supply chain market, we would see how they have aggressive measures in place to […]
‘Carbon Footprint’ is one of the many phrases that have warmed their way in our daily conversations from the climate research papers. As we grew more aware about our own environment, it happened naturally. What it means is the amount of greenhouse gases that are dispersed in our atmosphere through direct or indirect (human) activities. […]
In comparison to the idea of generating energy using solar panels, digging holes in the ground to extract energy seems quite primitive, and needless to say dangerous to the environment. Frankly, we have evolved to a stage where we can maintain synergy between the needs of the environment and that of ourselves. And solar panels […]
After decades of fossil fuel usage and surviving its not so subtle environmental effects, it is time for us to go back to cleaner modes of living, yet without lowering our standard of living. Glass-covered silicon-based cells generate energy from solar rays for our daily use. Sounds pretty neat, doesn’t it? Well, it is. And frankly, […]
Agriculture was the first step we took to create a new life for ourselves. It was also the first step towards forming a larger community. And agriculture is still the single largest employer in the world, sustaining the livelihood of about 40% of the world’s population. And the primary factor for successful agriculture yield – […]
Mankind is hardwired to overachieve. That is why even when we scaled the highest mountain peak, we stretched our hands out to the sky, trying to reach for the celestial bodies. Our progressive nature has led us to the socioeconomic growth and development we are a part of today. We depended on fossil fuels to […]
The term Smart city sure does sound futuristic. But what does it mean actually? Some of us may be imagining life with androids as personal assistants, while others may be getting a warm fuzzy feeling thinking about free internet access at any place, any time. But, are we being too objective here? A smart city […]
This page outlines all the available funding and incentive schemes for solar energy in the state of Tamil Nadu in India, both at the Federal and State level. If you notice anything that is incorrect or out of date, please let us know via our contact page. Tamil Nadu is now the leading Indian state […]
The Indian solar industry is quickly turning into a $100 billion investment opportunity. It is quite hard to believe that India made the quantum leap from 825 KW in 2005 to today’s cumulative solar capacity of 8.06 GW. Continuous Government support was the key to this incredible energy transition. This growth story started in 2006, […]
It is widely acknowledged that fossil fuels have driven our technological, economic, and social progress for many decades. So our dependence on them is natural and obvious. But before dreaming up a future world (a utopia if you will), powered by fossil fuels, we need to look at the world around us. Surely rising temperatures, […]
Solar photovoltaic (PV) panels use sunlight to generate green energy. So what do solar panels do at night? They sleep, just like us. No sun, no energy generation – that’s a straightforward equation. But what happens to the solar panels when the sky is cloudy or they are covered in shade? Do they stop generating […]
As the nation increases its efforts to switch over to renewable energy from fossil fuels, cities in India are competing for the position of the ‘first green city’. In this pursuit, a few states such as Haryana, Andhra Pradesh, and Rajasthan have shown significant improvement in adopting solar solutions to satisfy primary energy requirements. Delhi […]
Think of the Indian solar industry as a budding fruit: rich, sun-kissed, and very promising with all of its government-backed policies, funding, and initiatives. In this scenario Make in India is a safety net that assures protection and growth. By growth we especially mean in terms of domestic manufacturing capacity – because that’s the only […]
Solar energy generation processes have improved in the last few decades to the point where they have become the perfect replacement for traditional, environmentally damaging energy sources. As a result, the world is seriously preparing for a rapid shift towards renewable energy – especially solar. Nations are frantically maximising energy yield and developing the next […]
What is energy returned on energy invested (EROI)? Energy returned on energy invested (known as EROI or sometimes EROEI) is the ratio of the amount of useable energy produced by a given energy source to the amount used by humans to acquire it. For example, if an oil extraction facility requires 1 gigajoule (GJ) of […]
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