solar energy

How did Indian Solar Sector fared in Year 2018: A Review

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, …

February 7, 2019

Energy Sustainability in India Needs Resource Efficiency Policies

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 …

February 1, 2019

Rising Oil Price Should Re-Focus India on Solar Energy Growth

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 …

January 22, 2019

Meeting India’s Energy Demand through Domestic Manufacturing

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 …

January 14, 2019

A Decline in Solar Growth: Root Cause Analysis

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 …

January 8, 2019

CERC Providing GST Relief: A Great Move but More Efforts Needed For Solar Growth

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 …

January 4, 2019

Tax and Duties Are Acting As Road Block for Power for All!

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 …

December 10, 2018

Why Huge Corporations Are Going Solar?

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 …

October 25, 2018

Renewable Energy Projects in Dire Need of Funding

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 …

October 3, 2018

Borrowing The Sun When It Should Be Free

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 …

September 27, 2018

Solar Energy Demand in India Is Suspected to Drop after the implementation of Safeguard Duty

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 …

September 18, 2018

China’s New Renewable Energy Policy and Its impact on India

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 …

August 27, 2018

New RPO Target Can Increase Solar Adoption But Only With Boosted Efforts

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%. …

August 23, 2018

Climate Change: How it is Affecting India

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 …

August 16, 2018

Effects of Climate Degradation and How Renewable Energy is the Answer

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 …

July 9, 2018

EROI of solar energy

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 …

April 21, 2016

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