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%...
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...
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...
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...
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...
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...
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...
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...
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...
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...
