Tata Power Solar Systems Ltd (TPSSL) has installed rooftop solar systems at more than 600 locations in Chhattisgarh under an initiative, a company official said on Sunday. The company, which is a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL), launched its rooftop solar system installation initiative after its success in Rajasthan, Uttar Pradesh and Kerala, the official said.. Though the installation of rooftop solar systems under the initiative, 'GharGharSolar, Tata Power ke Sang', started in mid-this year in the state, it was officially launched by Tata Power Company Chief Executive Officer and Managing Director Praveer Sinha and TPREL CEO and MD Deepesh Nanda this week, the official said. The initiative intends to make clean energy available to all households in the state, building on the commitment to promoting sustainable energy solutions throughout India, he said. Chhattisgarh has become a significant hub for TPSSL's activities and initiatives, with a cate
The report titled - 'India Rooftop Solar Market' - noted that in the second quarter of 2024, 731 MW of rooftop solar was installed, an 89 per cent jump year-on-year
Tata Power Solar Systems Ltd (TPSSL) on Friday said it has partnered with Bank of India (BOI) to facilitate easy financing for rooftop solar installations and establishment of electric vehicle (EV) charging stations. The partnership is a significant milestone with Tata Power Solar becoming the first solar company to collaborate with BOI for both solar and EV Charging Station financing and strengthening its leadership as a green energy solutions provider, a statement said. This collaboration supports the government's initiatives to promote rooftop solar installations, targeting a wide spectrum of customers, including residential users under the PM Surya Ghar Yojana, housing societies, and Micro, Small, and Medium Enterprises (MSMEs). Under the PM Surya Ghar Yojana, residential customers seeking to install solar systems up to 3 KW can avail loans up to Rs 2 lakh with only a 5 per cent margin money requirement. These loans are offered at an attractive interest rate of 7.10 per cent pe
Rooftop solar capacity addition saw a 6.25 per cent growth to 1.7 gigawatt in 2023, supported by various factors like reduced installation cost, according to Mercom Capital. The rooftop capacity addition was at 1.6 gigawatt (GW) in 2022, the US-based research firm said in its latest report. In October-December 2023, 406 megawatts (MW) of rooftop solar was added, down 15.9 per cent from 483 MW in the last quarter of 2022, the 'Mercom India Rooftop Solar Market Report' said. Cumulative rooftop solar installations reached 10.5 GW at the end of December 2023. Residential installations were the primary driver of capacity additions in 2023. However, growth was marginal as many commercial and industrial (C&I) consumers waited for module prices to stabilise to lower their capital investments. The residential segment accounted for over half of the capacity additions in 2023, followed by C&I segments. "Rapidly falling system costs, increasing electricity rates, incentives for ...
It will provide free electricity of up to 300 units every month to 10 mnhouseholds
The first decision I have taken after returning from Ayodhya is that our government will launch 'Pradhanmantri Suryodaya Yojana' with the target of installing rooftop solar on 1 crore houses, he said
Discoms feeling uncomfortable with increasing solar footprint, policies governing solar energy sector being unclear, and slow uptake of rooftop solar power systems -- these are some of the issues holding back the growth of solar energy in the country. In a webinar organised by the Centre for Science and Environment (CSE) on Wednesday to better understand net metering for consumers in India, which is considered crucial for increasing private investments in solar energy, experts discussed the various problems affecting the sector and the way forward. Explaining the concept of net metering while moderating the online discussion, Maitreyi Karthik, deputy programme manager of renewable energy at CSE, said it applies to consumers who have a grid connection with enough rooftop space and load available at a particular location. One of the participants, bureaucrat Manu Srivastava pointed out that power consumers are currently facing a number of problems that has slowed down the growth of sol
The increasing need for cost savings and growing awareness among residential consumers, along with a strong push by the Central government, is helping accelerate the pace of rooftop solar installations in India's residential segment, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics said on Thursday.
The rooftop installation is collectively expected to generate 23 million units of electricity, mitigating 5.23 lakh tonne of carbon dioxide
The installation of 10 PV Port systems in the temple complex has been supported by the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ), a statement said
Says installation of rooftop solar power plants could also be made mandatory
Hinduja Renewables, part of the Hinduja Group, has built a solar plant for Ashok Leyland
The analysis showed that the housing societies or similar residents' groups could play a major role in ensuring the uptake of rooftop solar
Rooftop solar systems are used to generate electricity by installing solar panels on rooftops