CHENNAI: While the city Corporation’s move towards installing rooftop solar panels in its buildings may be a step in the right direction as far as shifting to renewable energy is concerned, the civic body is still mulling its options if TANGEDCO’s proposal to reduce returns on investment for rooftop solar power consumers is given the go-ahead.
Speed of India’s shift to green energy at par with China, Europe: Report
Transformation is aided by sustained deflation in renewable tariffs, tech upgrades, cheaper finance, expeditious tendering and political will
India is emerging as a transition force in power generation on par with China and Western Europe.
A report by US-based Institute for Energy Economics & Financial Analysis (IEEFA) says the country’s electricity generation market is changing rapidly. The transformation is helped by a sustained deflation in renewable energy tariffs, technology upgrades in wind and solar sectors, availability of cheaper financing, acceleration in wind and solar tender activity and a national political desire to abide by the Paris climate accord.
New Delhi : The National Green Tribunal today appointed an expert committee to study the harmful effects of antimony on environment after a plea sought a ban on the manufacture, use and import of solar panels containing the heavy metal.
A bench of Justices Jawad Rahim and R S Rathore constituted a three-member committee comprising Vinay A Juvekar from IIT Bombay, and a scientist each from the Central Pollution Control Board (CPCB) and the Ministry of New and Renewable Energy (MNRE).
The programme would help develop the market for solar rooftop financing to meet the government of India’s ambitious target of 40 GW of rooftop solar power by 2022.