background image not found
Found Update results for
'state cabinet'
Rajasthan plans to set up 30, 000 MW solar capacity in 5 years Rajasthan plans to set up 30, 000 MW of solar power plants in next five years and is in talks with leading private and state-run companies to develop energy parks, the state’s energy minister BD Kalla told ET. This will add to an already installed capacity of around 50, 000 MW in the state, he said. “We have come up with a new solar policy in which we are giving a host of incentives, including relaxations in stamp duty, electricity duty and transmission and wheeling charges. We are also allowing banking of energy for captive consumption and third-party sale on yearly basis, ” Kalla said. Recently, the Centre allocated Rajasthan a 25, 000 MW ultra mega renewable energy park. The state government has identified land bank of 125, 000 hectares in three districts — Bikaner, Jaisalmer and Jodhpur—for this park.
Future Green Power Solutions Pvt Ltd is system Integration Company in field of solar system. We give full solutions in field of solar photovoltaic power generation system and company offering world class EPC, product sale, consulting services for the implantation of grid interactive solar power projects, setting up solar power plants sanctioned under guidelines of MNRE (ministry of new and renewable energy corporation, Government of India), setting up solar power plants for sale to power distribution/utility, utility grid power projects for sale through RE (Solar) certificate mechanism, utility grid solar power project for captive use / sale to 3rd party /state other then state power utility through open access, rooftop SPV power plant to abstract the benefit of net metering policy of the states for domestic, industrial consumers of electricity and REC certificate benefit for large industrial consumer of electricity, Decentralize and off-grid SPV power plant, Development of SPV solar power generation park.
State and local solar industry players have been gearing up for the institution of California’s new residential solar housing mandate on January 1, 2020, anticipating a surge that should all but double the number of new residential solar home systems installed statewide.
The Gujarat government has commissioned 180 MW of solar power covering rooftops of 50, 000 households in the residential sector, The preamble of the amended scheme states.
Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) In a major initiative toward making Annadata also a Urjadata PM-KUSUM scheme was approved on 8th March 2019 & implementation guidelines were issued on 22/07/2019. State-wise allocation of capacities for the first year was made on 13/08/2019. The scheme covers grid-connected RE power plants(0.5-2 MW)/ solar water pumps/ grid connected agriculture pumps and has following three components:- Component A: Installation of 10, 000 MW of decentralized ground mounted grid connected renewable energy power plants by farmers of 500kW -2MW capacity within 5 km distance from sub-station primarily on barren/uncultivated land. Component B: Installation of 17.50 lakh standalone solar powered agriculture pumps for which government of India will provide financial support upto 30% of the cost of solar pump and states to also provide atleast of the cost of solar pump, balance cost to be shared by the beneficiary farmer.
SECI, a CPSU, conducts e-Reverse Auction for the 400 MW RE projects with RTC supply Results in historic first year tariff of Rs. 2.90/kWh Indian Renewable Energy (RE) sector has witnessed history today, as the e-Reverse Auction(e-RA) for 400 MW RE(Renewable Energy) Projects with Round the Clock (RTC) supply, was concluded at an astounding first year tariff of Rs.2.90/kWh. The bidding was conducted by Solar Energy Corporation of India Ltd., a Central PSU under Ministry of New and Renewable Energy. The capacity of 400 MW has been awarded to M/s ReNew Solar Power Pvt. Ltd. after a closely fought auction which saw the lowest tariff drop by 69 paise over the course of almost 3 hours. Complementing SECI for this effort Shri R. K. Singh, the Union Minister of State (IC), Power and New & Renewable Energy & Minister of State, Skill Development and Entrepreneurship, said in a tweet last evening, “Golden chapter added in Indian Renewable Energy story, as e-RA for 400 MW RE Projects with Round the Clock (RTC) supply conducted by SECI Ltd results in historic 1st year tariff of Rs.2.90/kWh. MNRE makes a new beginning towards firm, schedulable & affordable RTC supply through 100% RE power.” The tender for 400 MW capacity had received a strong participation, with 4 bidders submitting their bids for a total capacity of 950 MW. 3 out of the 4 bidders, namely M/s ReNew Solar Power Pvt. Ltd., M/s Greenko Energies Pvt. Ltd and M/ HES Infra Pvt Ltd. were finally shortlisted for the e-Reverse Auction. M/s Ayana Renewable Power Pvt. Ltd. was the fourth bidder. Power from this project is targeted to be sold to the NDMC and Daman & Diu and Dadra & Nagar Haveli, with each entity off taking a capacity of 200 MW. There was no ceiling tariff for the Projects, and the developers are free to set up the project on a Pan-India basis. The projects under this tender will be set up under the Build-Own-Operate model. What makes the tariff a historic one, is the fact that this tender provides for a Round the Clock energy supply from 100% RE based energy generation sources, such as wind and solar PV, combined with storage. The developer will be provided a maximum time period of 24 months from the Effective Date of PPA. The first year tariff shall be escalated @3% on an annual basis, up to the 15th year of the 25-year Term of the PPA. As a result, the effective tariff for the said Project amounts to Rs.3.59/kWh. Compared to the tariffs witnessed in conventional sources of generation, this tariff offers a much better proposition for the Disocms to meet their energy demand through 100% RE supply. As per the bid conditions, the developer is mandated to fulfil an annual minimum CUF( Capacity Utilisation Factor) requirement of 80%, and a monthly CUF requirement of 70%. Failure to achieve the above requirements in terms of the PPA, would result in removal of tariff escalation in the subsequent year(s), until the above requirements are achieved in a particular year. In terms of the above requirements, the tender therefore achieves a major milestone towards the MNRE's and SECI's efforts in realizing a firm, assured schedulable RE power supply model, which may inevitably, replace a conventional project, at a more viable tariff.
Rooftop SPV power plant to abstract the benefit of net metering policy of the states for domestic, industrial consumers of electricity and REC certificate benefit for large industrial consumer of electricity Decentralize and off-grid SPV power plant We provide turnkey solutions from concept to commissioning of Substations, distributions, Electrification, Solar projects and balance of plant related projects.
Industrial Solar Power Systems have gained popularity in India with major industries resorting to solar power for avoiding grid outage situations. With the provision of open access in most of the states, industrial solar power systems are increasingly used by textile, cement, paper, steel, chemical, dairy and ceramic industries to cut down their electricity expenses. Out of the total 1247 MW rooftop solar installation as of December 2016, 34% is for industrial establishments
Various Advantages of Solar Energy There are many advantages that solar energy has to offer over traditional sources of energy like coal and oil. Not only it is completely renewable but is also protects the environment. Here are some of the advantages of solar energy. It’s a renewable resource Solar energy is a renewable source of energy as it can be used to produce electricity as long as the sun exists. Sunshine occurs naturally. As long as we are alive, we are always going to see the sun, which means it is infinite. This energy can be harnessed by installing solar panels that can reduce our dependence on other countries for consistent supply of coal to produce electricity. This makes it an attractive energy prospect for most countries that are looking to go completely green in the future. Although solar energy can not be produced during night and cloudy days but it can be used again and again during day time. Solar energy from sun is consistent and constant power source and can be used to harness power even in remote locations. It’s eco-friendly If you are scavenging the internet in search of ways to minimize your carbon footprints, solar energy is the surefire answer. Solar energy will not only help you dial back on your carbon footprint, but also oversize your systems to ensure you live in a carbon-free house. Some states in the U.S. even allow individuals to invest in other people’s roofs to create a lot more solar energy. Solar energy is an alternative for fossil fuels as it is non-polluting, clean, reliable and renewable source of energy. It does not pollute the air by releasing harmful gases like carbon dioxide, nitrogen oxide or sulphur oxide. So, the risk of damage to the environment is reduced. Solar energy also does not require any fuel to produce electricity and thus avoids the problem of transportation of fuel or storage of radioactive waste. Cuts back on electricity bill One of the most interesting things about solar energy is that it can help you minimize your annoying utility bills. You can accomplish this by installing solar panels in your home. Solar energy takes up energy consuming activities like heating water and heating homes. Solar energy has the potential to save you up to 20% of your energy costs, even after financing costs are factored in. And with the ever rocketing of electricity costs, you could save up to $60, 000 in the next 30 years. Can enhance the value of a home If you are looking to sell your home in the future, suffice to know that installation of solar technologies can significantly increase its value. This especially manifests in areas where buyers are more likely to buy a home installed with solar panels like high populated cities where environmental degradation is taken seriously by the authorities. According to research findings, solar panels can add up to $20, 000 to the value of a house. This figure represents the amount required to install a solar panel, which means you will be able to recoup your money when you sell the property. That represents a bright investment in your property. Requires little maintenance The cost of installing a solar panel can be high. But once it’s up and running, you will enjoy the benefits for many years, while injecting just a small amount for its maintenance. If your energy needs change and you desire to add more panels, it would be a lot easier. Initial cost that is incurred once can be recovered in the long run that range from 10 years – 15 years. Apart from this, solar panels does not create any noise or release any toxic substances. Easy Installation Solar panels are easy to install and does not require any wires, cords or power sources. Unlike wind and geothermal power stations which require them to be tied with drilling machines, solar panels does not require them and can be installed on the rooftops which means no new space is needed and each home or business user can generate their own electricity. Moreover, they can be installed in distributed fashion which means no large scale installations are needed.