UTILIZING SOLAR ENERGY FOR MEDICAL SECTOR: LESSONS INDIA NEEDS TO FOLLOW

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...

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CLIMATE CHANGE AND SOLAR INDUSTRY RELATION AND REVELATIONS

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...

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COLLABORATION OF NATIONS: THE ONLY WAY TO COMBAT CLIMATE CHANGE

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...

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PREDICTIONS FOR INDIAN SOLAR SECTOR IN 2019

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...

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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...

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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)...

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