solar power india

$20 Billion in Solar-Energy Projects in India

The Japanese telecoms giant Softbank has announced plans to invest around $20 billion in solar-energy-power projects in India, joining forces with the country’s Bharti Enterprises and Taiwan’s Foxconn as the Indian government targets a massive expansion in the country’s solar output from some 3 gigawatts today to 100 gigawatts by 2022.

Announcing Softbank’s plans, the company’s chief executive Masayoshi Son said, “India can become probably the largest country for solar energy,” Reuters reports.

“India has two times the sunshine of Japan. The cost of construction of the solar park is half of Japan. Twice the sunshine, half the cost, that means four times the efficiency,” Son said. The Softbank venture is aiming at generating least 20 gigawatts of energy — a goal which, if realized, will be a significant boost to Modi’s plans to develop India’s renewable energy infrastructure.

India is one of the world’s largest carbon polluters; coal dominates the country’s energy mix, according to the U.S. Energy Information Administration.

Since coming to power last year, Modi, who was behind the country’s first solar incentives during his time as the chief minister of the western Indian stage of Gujarat, has driven green energy up the national energy agenda with ambitious targets for solar and for wind power. Speaking to TIME earlier this year, he reiterated this desire, saying: “There is going to be a heavy focus on using energy that is environment friendly.”

India’s big push toward clean energy generation comes ahead of the Paris climate summit that is scheduled later this year, during which leaders from around the world converge under one roof for climate-change negotiations aimed at thrashing out a successor to the Kyoto protocol to keep global temperatures in check.
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Solar Output to Increase in India : gurgaon haryana

Indian Prime Minister Narendra Modi gave the nod to increasing the country’s solar capacity five-fold, to a goal of 100 gigawatts by 2022. Currently, the country’s 4.5 GW is no small feat, considering only six nations as of late 2014 surpassed the 5 GW mark, with the U.K. the last country to do so.

India, which is the second largest country in the world with 1.25 billion people, is in good hands with environmental development. Modi, who was elected into office a little more than a year ago, has championed the value of resources and is a proven leader on tackling pressing challenges. He ran for election of the most powerful seat in India on the foundation that he would develop the country by providing solar energy to hundreds of millions of Indians who otherwise would go without electricity.

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Bridge to India, a company specializing in the country’s solar market, projects that India will install around 2.7 GW this year, more than solar-driven Germany. After India produces that solar total within the next two quarters, it will firmly place the country in the top five of solar markets globally, joining China, Japan, the U.S. and the U.K.

The environmental progress doesn’t come without a pinch in the pursestrings: The 100 GW target is expected to cost around 600,000 crore, an equivalence of a whopping US$100 billion. The cost factors in the expected $4 billion it will take U.S.-based SunEdison to build a solar equipment factory that will contribute 10 GW of solar energy to India over the next seven years.

With such heavy spending, the country faces threatening challenges of debt to complete the anticipated production of 80 GW by 2022. Bridge to India found that it would take nearly $40 billion worth of debt to complete the initiative. While the majority of project funding is planned to come from international lenders like the World Bank, it still raises questions about the project’s legitimacy considering the extreme cost.

However, solar energy is the energy of the future and provides countries with a safe and reusable source of electricity. India, with an alarmingly dense population, struggles to distribute its power equally, especially because of the rising costs of fossil fuel-generated power. This makes solar energy an intriguing option, especially for a country that’s constantly kissed by the sun, like India.

Previously, India had only planned to install 20 GW worth of solar energy by the same target year of 2022. Bridge to India previously estimated that India would reach 31 GW by 2019, but that would only be a fraction of the proposed 100 GW set to be installed just three years later.

The United States just eclipsed 20 GW at the end of last year. The growth of solar in the country has been somewhat exponential — increasing from 1.2 GW in 2008, former President George W. Bush’s last year in office, to an incredible 21.3 GW today. The increase has been a direct reflection of interest from other countries as well, as China, Germany and now India have all seen enormous spikes of intended solar production within the next few years.

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To exemplify just how much 1 GW of solar energy can contribute, the largest coal power plant in the U.S., Plant Bowen in Georgia, is 3.5 GW and has the capability of providing energy to 1.9 million homes in the country. The Nevada landmark Hoover Dam is a 2 GW facility and provides electricity for 350,000 homes.

Global solar installations to are expected to reach 57.4 GW this year, with India paving the way. While India’s progression is certainly an accomplishment to recognize, it may not remain on top of the solar news for long.

China set its own target of 100 GW of solar power, but two years earlier than India. Only six countries have surpassed the 5 GW mark, but it’s unlikely to remain that way for long as solar power is the newest attractive alternative to fossil fuel-generated power.

 

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18

Solar energy emerging as GREAT SOURCE OF POWER – GURGAON DELHI NOIDA FARIDABAD NCR

With its falling cost and availability throughout the year, solar is emerging as a competitor to wind energy, a  government official said today.

 

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In his address to the 3-day 4th International Wind Conference and Exhibition here, , Principal Secretary, Energy,  said that considering this, energy intensive industries should look at wind-solar hybrid, so that they can hedge the cost over a period.

Reiterating the support of the Government to the wind energy sector, said that the generators should see how a synergy between wind and solar can be brought about as +that is the way to go+.

The power situation in the State was much better now nowy than the past year, he said adding that the Government’s endeavour was to absorb as much wind energy as possible within the constraints.

Citing the examples of Germany and China in the management and absorbing capacity of wind, the official asked the sector to learn from them and work out ways of balancing and managing wind.

+The way forward is to push wind as a national resource and its management, at a national level and the Indian Wind Power Association (the organisors of the seminar) should work on this,+ he said.

The association should also approach the Centre on the need to have a uniform policy, since States were competing each other and incentivising wind promotion, which was not be a sustainable proposition, .

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Growth in solar industry in india : gurgaon Haryana

With Prime Minister Narendra Modi leading the charge, India has been working hard to encourage investment in its fast growing solar energy sector. The Indian Government has set high goals for the solar industry, with hopes to install 100 gigawatts of solar power, and to increase its solar capacity 30 fold by 2020.

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Just recently, Re-Invest 2015, the first Renewable Energy Global Investors Meet and Expo, was held in New Delhi. The event was a great success, garnering commitments to invest over USD $200 billion in the renewable energy sector. At least 70 percent of that investment is dedicated to solar energy.

 

Why India?

India is not the only country with high solar energy goals. However, what India has is unprecedented backing from its government and favorable geographical conditions.
Foreign Investment

When foreign companies invest in India, they may take either the government route, or the automatic route. For the government route, certain business sectors are required to obtain government approval prior to investment. Other sectors are eligible to take the automatic route, where prior approval is unnecessary.

The renewable energy industry is one sector where the government permits foreign companies to take the automatic route and allows 100% FDI. Foreigners may invest either as a joint venture or on their own, but do need to comply with the reporting requirements of the Reserve Bank of India (RBI) and other relevant regulations.

 

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Government Incentives

In addition to open foreign investment policies, the government has a variety of incentives in place. Foreign companies are granted exemptions from certain excise duties and may receive concessions on import duties for equipment necessary to set up a solar plant. For example, solar tempered glass and other raw materials used in the manufacturing of solar energy projects are fully exempt from excise duty.

Basic customs duty is reduced to 5 percent for machinery and equipment used for solar energy production projects. Customs duty is removed completely for certain raw materials used to produce solar back sheets, EVA sheets and PV ribbons for solar photovoltaic cells or modules. Other incentives include a 30% subsidy for off-grid photovoltaic and thermal project costs, a 10- year tax holiday for solar power projects, and a payment security mechanism to protect companies from the risk of state utilities or discoms default.

Another major facilitator of solar energy growth is the Renewable Purchase Obligation (RPO) regulation. In 2011, the National Tariff Policy was amended to require State Electricity Regulatory Commissions in India to purchase a minimum 0.25 percent in 2012 to 3 percent by 2020. Solar-specific RPO could be increased to 8 percent by March 2019. This RPO guarantees a market for solar energy generated power.

Natural Resources

In addition to a strong backing from the government, and fast growing economy, India’s geographical location just above the equator, allows for a plethora of sunshine all year round. Most areas in India experience clear and sunny skies over 250 days a year. Annual radiation levels range from 1,600 to 2,200 kWh/m2. This, according to the Ministry of New and Renewable Energy, is equivalent to approximately 6,000 million GWh of energy each year.

U.S., China Back India’s Solar Power Industry

Investment in Indian solar energy presents many benefits, which have received widespread attention from the international stage. Already, two of America’s leading solar firms have pledged more than 20,000 megawatts of solar energy. In January, U.S. President Barack Obama announced US $4 billion investment for India; half of that money will go towards leveraged financing for renewable energy projects, including solar power. Obama also announced his intention to support India’s solar power push with financing during a trip to the country.

More recently, Modi’s trip to China in May produced three agreements for Chinese investment into Indian solar projects. Essel Group, a subsidiary of one of India’s prominent conglomerates, and China’s leading solar energy firm, JA Solar, signed an agreement to set up a 50: 50 joint venture to establish a solar cell and module manufacturing company in India. Canadian Solar (CSI) Solar Power China and India-based Sun Group established an agreement to manufacture solar modules and 5,000 MW of solar power in the next five years. China-based Trina Solar and India-based Welspun Energy also signed an agreement for a Photovoltaic (PV) Industry Park in Gujarat, India.

Solar power businesses that want to take advantage of India’s incentive schemes and lucrative market should take note of these high-level agreements. The investment from the U.S. and China is a strong endorsement for India’s growing solar power industry.

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India – Country of Growing Solar Energy Providers Like Adler Group www.adlergroup.in

The increasing environmental pollution and depleting natural resources has compelled many countries to focus on alternative sources of energy, and a significant majority has chosen solar energy. Of the countries that have already started accelerating their solar PV installation targets, India and China have taken the boldest steps.

Per the International Energy Agency (IEA), global energy demand for electricity generation will increase 37% by 2040. Half of the demand will come from renewable energy primarily from solar PV installations, which will overtake coal as the leading source of electricity.
Furthermore, according to Bloomberg, global solar and wind energy project installations in 2015 are likely to increase to 52,000 megawatts (MW) and 60,000 MW, respectively. Of this, a significant portion is expected to be in emerging countries.
India and China — Asia’s biggest economies and most populous countries — are expected to lead PV installation over the next several years as the governments of both countries have prioritized solar power. Over the past couple of years, both the countries have accelerated their solar PV goals in order to fulfill domestic energy demand which is becoming a challenge.
Solar Power in China: China, the world’s prime manufacturer of solar panels, is emerging as the leading market for solar PV to meet the growing need for clean energy.

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Solar Power in India:

Taking a giant step toward accelerating solar PV installations, the Indian Government, led by Prime Minister Narendra Modi, recently raised the country’s solar target to 100 GW to be achieved by 2022, a five-fold increase over the earlier target of 20 GW.
For the current fiscal year — 2015-16 — the government has planned to install nearly 4.5 GW capacity of renewable energy.
The successful accomplishment of the target will put India among the world’s largest green energy producers while providing long-term energy security for Indian citizens. Moreover, it will reduce the country’s dependence on fossil fuels which put pressure on foreign reserves while creating ecological imbalances.

The solar target set by the Indian government includes residential rooftops and large-scale solar projects. Of the 100 GW solar PV installations, 40 GW is anticipated to be installed on building rooftops, while the remaining will be generated under larger, grid-connected projects, such as solar farms.
According to Indian consultancy firm, Bridge to India, currently the country has approximately 4.5 GW of installed solar capacity, which is anticipated to reach 31 GW by 2019. Even then, the country will be roughly 70 GW short of its target three years before the deadline.
Installation will likely not be so easy as the government has to overcome a number of obstacles including land acquisition, and grid infrastructure and financing to achieve the target. During yesterday’s announcement, the government stated that approximately $100 billion is required to fund the objective.
India: The Land of Opportunity

Given the ambitious goals set by the two Asian nations, over 200 GW solar PV will be installed in the next 5 to 7 years which will have a huge impact on the solar manufacturing industry. However, the opportunities for solar manufacturing companies in the two countries are different.
The Chinese solar market is mainly dominated by domestic manufacturers like Trina Solar Limited (TSL – Snapshot Report), Yingli Green Energy Holding Co. Ltd. (YGE – Snapshot Report) and JA Solar Holdings Co., Ltd. (JASO – Analyst Report). These companies enjoy scale advantage due to the sheer size of China’s solar market, thereby making their panels more cost effective than their European and American competitors. Therefore, there are relatively limited growth opportunities for foreign players in the country.
On the contrary, the Indian government, given its eagerness to achieve its solar objectives, has made it easier for global solar players to enter the country’s solar market. The government has announced small capital subsidies which will help to speed up adoption in the early phases. It is also planning to attract foreign players with dollar denominated supply contracts to protect that will protect them from currency fluctuations.

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There is a huge demand/supply gap in the country’s power sector that provides significant opportunities for global solar players to capitalize on. Prime Minister Narendra Modi’s ambitious “Make in India” strategy will further fuel demand.
A cheaper manufacturing destination like India will facilitate foreign players in achieving cost effectiveness once mass production starts. This will gradually neutralize the cost advantages enjoyed by Chinese manufacturers.
Additionally, the geographical location of India makes it one of the most suitable solar climates in the world, as it is very near to the equator.
These projections have put India on the radar of various U.S.-based solar power companies such as SunEdison Inc. (SUNE – Analyst Report) and First Solar, Inc. (FSLR – Analyst Report) which have already started channeling funds to the region.
In fact, in early June, SunEdison announced its intention to expand its Indian base by investing approximately $15 billion through 2022. The company plans to develop 15 GW solar and wind projects in the country.
It is worth mentioning that in January, SunEdison entered into a strategic alliance with Indian conglomerate, Adani Enterprises, to expand its base in India. Under the agreement, the companies will invest approximately $4 billion to develop solar photovoltaic projects in Gujarat.
The partnership would help SunEdison to produce solar panels that will produce electricity at lower cost and reduce the loss of electricity during transmission.

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Conclusion

It is evident that the demand for renewable energy is strengthening at a rapid pace. Moreover, the gradual widening of the solar markets will bode well for all global players and instill investors’ confidence in the industry over the long term.
Considering the ambitious targets set by India along with the added advantages, we believe that the companies which make early foray in the country will be able to capture a larger market share with greater cost advantages.

 
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India Soon To Dominate The Global Solar Energy Market | gurgaon ,delhi , noida , ncr

When it comes to solar energy generation, India is fast catching up. Three Asian countries, India, China and Japan, are expected to dominate the global solar market in the years to come.

China might add over 14 gw of energy this year and should overtake Germany in terms of cumulative installed capacity by the end of 2015. India is steadily moving up from the tenth to fifth position globally for new capacity additions.

 

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 India’s recent announcement of adding 100 gw solar capacity by 2022 has created strong ripples in the global solar industry. While it seems like a stiff target, it is not an impossible one. India can emerge as a significant global player, meeting its targets, if it can successfully use alternative and innovative financing options like crowd funding, community funding, green bonds and so on.

Cumulative installed capacity for solar projects in the country now stands at over 4.1 gw. In the last three years, India has added an average capacity of 1 gw every year. This year, over 1 gw of new capacity has already been commissioned within the first four months of the year alone. And almost 3 gw additional capacity may be added by the end of the year.

India will be one of the most exciting markets globally this year and the long-term potential is enormous. In spite of remaining challenges, the outlook for the solar sector in India is very positive. It is driven by powerful underlying fundamentals such as the rising cost of conventional power, environmental concerns, falling cost of solar power, high solar irradiation, a high power deficit and the ability of solar to quickly bring power generation capacity online. These fundamentals coupled with several state and central government initiatives should result in India becoming a very important global market.

 

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From the current 3.3 gw capacity to the tough target of 100 gw in 2022, India’s solar sector would need Rs 6 lakh crore. Out of this, Rs 4.5 lakh crore would be needed in the form of debt. However, India’s banking sector, the chief source of debt in India, is already inflicted with high NPAs, primarily due to the infrastructure and power (conventional sources) sector funding. That limits their appetite to fund relatively risky solar sector projects, whereas low interest rates and longer tenure loans are the key to achieve such humongous leap in seven years.

 

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Top 10 Countries Using Solar Energy as Alternative Source Of Energy

The solar industry is growing so rapidly that we’ve had to update our units of measurement from megawatts (MW) to gigawatts (GW).

Below are the top 10 countries using solar power in the world according to installed photovoltaic solar (PV) energy capacity. Think you know the order? You might be surprised…see if you can name all ten countries in the right order before continuing on.

1. Germany: 35.5 GW
(2010: 9.8 GW — 1st place)
German Solar PanelsIn 2010, Germany was clearly the world leader, and has only continued the trend. In 2009 alone, Germany installed 3.8 GW of PV solar energy capacity, and the country has added at least 3.3 GW of new solar capacity per year, and more like 6 GW per year between 2010 and 2012. “The combination of a proven feed-in-tariff (FiT) scheme, good financing opportunities, a large availability of skilled PV companies, and a good public awareness of the PV technology, largely contributed to this success,” European Photovoltaic Industry Association (EPIA) reported.

Despite a slowdown in 2013, Germany is expected to remain the top solar market in Europe for the coming years, and still boasts a quarter of the world’s installed PV capacity 26 percent, compared to the 13 percent held by each of the next two countries on the list, Italy and China.

 

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2. China: 18.3 GW
(2010: .305 GW — 8th Place)
china-solar-power

Everything that China does, it does big. As the world’s most populous nation, and the one with the biggest carbon footprint, it’s great news that China has made such a major commitment to solar power. Since our 2009 research, China has grown its solar capacity by an astounding 6,000 percent — from less than one-third of a gigawatt of capacity to 18.3 GW. It helps that China is a major solar panel manufacturer, and the government has had to repeatedly raise its renewable energy targets — from a plan of 20 GW by 2020 to 20-30 GW by 2020 to the current target of an astounding 70 GW of solar by 2017. Coupled with a commitment to cut its coal use, the world’s biggest carbon polluter could soon also be the country powered with the most green energy.
3. Italy: 17.6 GW
(2010: 1.2 GW — 5th Place)
italy

Not only has Italy continued its leadership in solar — rising from fifth place in 2010 to third place as of the end of 2013 — it generates more of its energy from solar than any other nation, with 7.8 percent of its energy coming from solar, compared to 6.2 percent for Germany. Mixing net-metering and a well-segmented FiT (combined with a lot of sunshine), Italy has become a world leader in solar energy. “The future growth of the market will depend on the streamlining and harmonisation of administrative procedures, combined with an adapted decrease of the FIT in the third Conto Energia to cope with the expected price decrease,” the EPIA reports.
4. Japan: 13.6 GW
(2010: 2.6 GW — 3rd Place)
japan

Japan fell from third place in 2010 to fourth place in 2014, but remains also a country worth emulating — in the past four years the country has grown its solar capacity by more than 500 percent. Government residential PV programs, net-metering, high national solar energy goals to reach 28 GW by 2020 and 53 GW by 2030, as well as the support of local authorities and the private sector make Japan a world leader in this field. In the wake of the the Fukushima Daiichi nuclear disaster, the country has renewed its dedication to solar power, particularly with the recent announcement of the first of many floating solar farms off the island nation’s coasts.

 

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5. United States: 12 GW
(2010: 1.6 GW — 4th Place)
US-solar-power-installed

It’s hard to believe that a country that grew its solar capacity by 750 percent in four years could still have lost standing in the global solar boom, but that just goes to show how quickly the field is changing. The United States have benefited as much as anyone from the steadily dropping price of solar, aided by smart financing and some supportive state-level policies to grow its domestic solar industry. With many large ground-mounted solar projects in the pipeline, installed capacity in the US is expected to grow significantly in coming years. Additionally, national legislation promoting solar energy (if it comes through) could move the US forward considerably. The cap on the federal solar tax credit was lifted in 2009, promoting growth in this industry.
6. Spain: 5.6 GW
(2010: 3.4 GW — 2nd Place)
spain-solar-panels

Spain was the world leader in newly installed PV solar energy (2,605 MW) in 2008 due to the government’s focus on creating a national solar energy industry, but has since dropped significantly — between 2010 and 2013, the country didn’t even double its capacity, whereas Germany nearly quadrupled its solar capacity. The reasons for this drop are attributed to complexity and delays related to a new government subsidy program and a decrease in energy demand due to the economic crisis. With expectations that both of these will improve in 2010, and considering its excellent sun irradiation and PV potential, Spain is expected to bump up its solar energy capacity again this year.
7. France: 4.6 GW
(2010: .272 GW — 9th Place)
france

France has continued to benefit from its well-designed FiT for building-integrated photovoltaics (BIPV), but the country’s solar growth has been slowed by a lack of political support for solar incentives, which the the European Photovoltaic Industry Association (EPIA) in a report published earlier in 2014 (PDF)also attributed to attacks from the nuclear and fossil fuel energy industries.
8. Australia: 3.3 GW
(2010: .125 GW [Source])
Australia solar

The first of two newcomers to our list of the top 10 countries using solar power, Australia has in the past five years made the most of its sun-drenched status — though its continued growth is in question. At the end of 2009, the island nation claimed only 125 MW of solar capacity, but through smart policies including feed-in tariffs, rebates and a federal mandatory renewable energy target has grown that by 2600 percent, reaching 3.3 gigawatts by the end of 2013. Between steadily dropping solar prices and the fact that Australia boasts some of the greatest solar potential in the world, solar power costs less than half what grid electricity costs, although the current government is considering scaling back the federal Renewable Energy Target, which would slow if not stop the country’s upward trajectory in these lists.
9. Belgium: 3GW
(2010: .363 GW — 7th Place)
Solar-powered flowers in Belgium.

The image above shows Belgian solar flowers. Belgium has been a surprising solar contender even since 2009. Belgium’s success was from “a well-designed Green Certificates scheme (which actually works as a Feed-in Tariff), combined with additional tax rebates and electricity self-consumption.” Those policies, coupled with the steady drop in solar panel prices, has kept Belgium growing its solar market year-over-year since 2009.

 

10. United Kingdom: 2.9 GW
(2010: .027 GW [Source])
England Solar

Another poster child for the global solar boom, the United Kingdom was nearly a no-show in our 2009 research — it didn’t make the top 10 list by a long shot, with just 27 MW of solar capacity. But it has made quick growth since then, with the EPIA noting that in 2013, the U.K. nearly doubled its solar capacity, installing more even than Italy, the current 5th-place holder.
Off the List:
Two of the countries that made the top 10 list in 2010 have fallen behind in the rankings — we’re including them below in the hopes that they make it back on our list in the next go-round…

12. India: 2.3 GW
(2010: .120 GW — 10th Place)
india

Similar to China, India has fast-increasing electricity demand and it has very high sun irradiation levels. It’s government has also been moving forward strongly on clean energy. It has a goal to reach 20 GW by 2020 as well. “Besides the National Solar Mission of 2009, the market expects much of the possible decision this year to define a longterm power purchase agreement that could definitively trigger PV deployment in India,” EPIA states. India could quickly rise higher on this list with proper government strategies.

 

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13. Czech Republic
(2010: 0.47 GW — 6th Place)
czech-solar-power

A generous FiT and simple administrative procedures have put the Czech Republic on this list. Per capita, it installed more new solar power than any other country besides Germany in 2009. The market growth has probably boomed unsustainably (and a little unexpectedly), however, and if appropriate policies aren’t put in place to slow it, the nascent solar bubble is expected to bust in the coming years.

 

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Solar Energy Vs Traditional Energy | Explanation by Experts from ADLER Solar | gurgaon delhi noida faridabad ncr india

Head to Head: Benefits of Solar Energy vs Fossil Fuels

While in use, solar panels create absolutely no waste or emissions. Unlike fossil fuel power plants, they produce clean, renewable energy from a fuel source that requires no locating, excavation, transportation, or combustion. It’s a simpler, cheaper, cleaner, and all-around better energy solution.

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ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in
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The average 4 kW home solar system  offsets the following during its first 25 years:
The benefits of solar energy include reducing greenhouse gas emissions 199,679
lbs of CO2
Solar power offsets CO2 that would normally require over 2,300 trees to capture 2,316
trees planted
An average home solar system offsets the greenhouse gas emissions of over 208,000 miles driven 208,166
miles driven
Solar Energy vs Fossil Fuels Advantage

Fuel Sourcing

Fossil fuels must be located, excavated and transported before they can be used. These processes are invasive and detrimental to the land through side effects such as erosion and ecological and geologic instability. Then the deposit or well is depleted. Energy from the sun is infinite and free. It can be harnessed and turned into power anywhere a solar panel can be mounted.

Solar energy is abundant and free

Power Generation

Fossil fuels must be burned to produce electricity. Burning them creates unwanted byproducts that can create air and water pollution and release huge amounts of greenhouse gasses into the atmosphere. When in use, solar panels produce power without waste or emissions, and do so through a natural process called photovoltaics.

Solar energy is produced without harmful greenhouse gas emissions

Cost of Consumer Electricity

Whether you buy a system and pay it back with electricity savings or you pay a low, fixed rate for your power through a solar PPA, you’ll hit the point where your solar panels have paid for themselves. After that, it’s real savings for your bottom line, and with utility rates climbing regularly, each year you’ll save more with solar than the year before.

Solar energy costs less than traditional utility power in most cases

The Human Element

Fossil fuel deposits are scattered and finite. Their economic worth and uncertainty are enough to cause disagreements that can lead to labor strikes, price volatility, and even war. Solar energy is available nearly everywhere, and will be for another 5 billion years.

 

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ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in
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India To Become Top Solar Market | Solar Power Solutions Delhi

India could become one of the largest solar markets in the world in the next three years, but potential problems with financing, transmission and land acquisition could trip up the government’s solar plan, according to consulting and research firm .

 

ADLER Solar is a leading solar company dealing in solar products , solar panels and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in

In November, PM set a target of 100 GW of solar generation capacity by 2022, a nearly 33-fold increase from the current capacity. This would include 60 GW of utility scale projects and 40 GW of rooftop and other small grid-connected projects.

“But the biggest challenge will be the enforcement of RPOs (renewable purchase obligation) and the poor bankability of India’s distribution companies,”

The report, however, said the measures introduced by the government, including improving availability of debt financing and net metering policies, may not be sufficient to achieve the 40-GW rooftop solar target.

“Rooftop solar has been relatively lackluster in India, with no clear policy thrust so far and only about 350 MW of rooftop solar being installed (less than 10% of total solar capacity),” it said.

On the challenges the sector might face, the solar market intelligence firm said debt appetite for rooftop solar projects, including availability and cost, is expected to be a key hurdle. It might also take a long time for lenders to consider rooftop solar projects for non-recourse finance, adding that quality concerns for solar installations and lack of robust legal enforceability of contracts in the build-own-operate model were some of the other challenges facing the sector.

“If the government wants to reach 40 GW of rooftop installations, it will need to provide a greater push. This can be in the form of either more incentives from the central or state governments or it can also be obligations at the state level,” , adding that there is need for skill development and creating mass awareness about rooftop solar.

At the state level, efficient implementation of net-metering and co-operation of power distribution companies will be key, he said.

According to the report, India is likely to break into the top five global solar markets this year by adding 2.7 GW capacity. The country was ranked 10th in 2014.

Globally, about 55 GW of solar capacity is expected to be added in 2015, with Asian countries likely to continue dominating the market. China, Japan and India are expected to be among the top five countries, the report said. “While China overtakes Germany  terms of overall capacity, India is likely to overtake Germany in terms of new capacity additions in the year,” the report projected.

According to the report, the fundamental hurdle to the government’s solar target is financial health of distribution companies which are not able to afford power despite a deficit in states.

The report identifies India’s inability to quickly upgrade its grid and grid management processes in line with the new targets as a key technical hurdle for achieving the targets. Land acquisition will be a key reason for project delays at the implementation stage, it said, adding that such delays are expected to impact timelines of both capacity addition and project allocation.

To achieve a capacity addition of 60 GW for utility-scale projects by 2022, there would be a requirement of around $40 billion of debt, it said.

“The government currently expects a large share of this to come from international sources. But international debt appetite for solar projects in India is very limited and company is of the opinion that bulk of this amount will need to come from domestic lenders,” it said.

According to reports , India is expected to add 24 GW of utility-scale solar PV capacity between 2015 and 2019. Of this, 7.6 GW is expected to come from central government schemes, 11 GW from state government schemes and the remaining 5.5 GW from other projects.

 

source : http://economictimes.indiatimes.com/

 

ADLER Solar is a leading solar company dealing in solar products , solar panels and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in

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The Benefits Of Solar Energy Power for your property/home in cities like — gurgaon delhi noida faridabad ncr

solar power advantages to your property gurgaon

Solar power is more accessible than ever, with installation and consultation more personal and tailored to individual needs and homes. With the right solar expert, modern day solar power isn’t hard to install and has great benefits for both the household and the environment. Most Indians have a busy lifestyle balancing out work and family and are often left wondering whether there is a better energy solution, without the time to research new and valuable information to make that decision.

ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in

Our experts have provided some useful information for those considering switching to solar, or for the inquisitive energy saver.

The benefits of solar energy within the modern day home:
Using sunlight to power your home is actually quite simple. Solar panels capture sunlight converting it to energy, and then the inverter converts this energy to electricity to use in your home. For those looking to reduce their spend on energy usage whilst maintaining lifestyle and comfort at home, solar may be a great solution.

Saving Money
Generating your own power gives you greater control over your energy usage costs. The more electricity your solar power system generates during the day, the less you have to buy off your energy retailer.

Rebates
If you’re generating more energy than you’re using, depending on your location and energy retailer, you could be entitled to feed-in tariffs, meaning you get money back for that unused solar energy that is then fed into the grid. You should contact your energy retailer for more information on this.

Efficient Usage
For those who may be using home appliances throughout the day, including those working from home, part-timers and those approaching retirement, solar could be the perfect solution to help reduce energy usage costs through the daytime period. Solar power is generated during the day, so your daytime energy requirements can be offset – however, you can be smart with shifting some of your usage to the daytime period even when you’re not home. There are timers and smart phone controlled apps that help you schedule the running of your large appliances to the time when you access power from the sun.

Environmentally Friendly
Solar power systems derive clean, pure energy from the sun, meaning they emit no greenhouse gases, and the energy is 100% renewable!

Increase Your Property Value
If you’re in the market to sell, let or upgrade, installing a solar power system may increase the asking price at sale. For landlords, a solar system may also make your property more attractive to prospective tenants. Particularly for those environmentally conscious renters, or those simply looking to pay less for their energy usage.
Tailored Solutions
The perfect solar solution should be based on an individual’s lifestyle and energy usage. Additionally, no two homes are the same; the size, orientation and position of the house are all considered when fitting solar panels, in order to achieve the best results. We have a solar estimator where you can select your property attributes in order to estimate the system size, cost and savings – Adler solar
With the right solar expert, getting solar installed is not hard, or as expensive as most people would assume. Companies such as Adler Solar offer tailored solar solutions based on an individual’s lifestyle and energy usage, and they can provide a range of ways to finance your solar energy investment.

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For more information on potential savings, installation and a quote call +91 9971170911  to speak to a solar expert

ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions.You’ve came to the right place – give us a call!
Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web : http://www.adlergroup.in