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India has set an ambitious target of 100 GW installed capacity of solar by 2022, of which 40 GW is projected to come from Grid-connected Rooftop Solar systems. With the twin goals of creating an enabling ecosystem for solar rooftops and addressing the financial challenges that accompany it, the World Bank program on Grid Connected Solar Rooftop was launched in 2016. The World Bank�s concessional and long term ?nancing of USD 625 Mn to State Bank of India (SBI) acts as a signi?cant catalyst for the growth of the Rooftop Solar. SBI will ?nance installation of at least 600 MW of Grid Connected Rooftop Solar Photovoltaic (GRPV) across India which will provide clean renewable energy and reduce greenhouse gas emissions by displacing thermal generation. Besides a rooftop solar long term financing program, SUPRABHA was also initiated which aims at creating enabling ecosystem at state level for sustaining the rooftop solar sector expansion post the WB-SBI program.
Suprabhata22 Mar, 2022Technology
The Ministry of New and Renewable Energy has collaborated with the World Bank and Asian Development Bank to develop a unified web portal, which will act as a one-stop destination for clearance for the consumers looking to install rooftop solar panels. Read this blog in more detail by visiting here.
Suprabhata17 Mar, 2022News
Solar installations crossed the 50 GW milestone, making India only the fifth country to achieve this. Despite achieving this landmark, India will fall short of installing the government set target of 100 GW by 2022. Read this blog in more detail by visiting here.
Suprabhata08 Mar, 2022Technology
Tata Power and SIDBI have joined hands to design a solar financing solution to help MSME players with financial aid without any collateral at an interest of less than 10 per cent. Tata Power said easy financing has been one of the barriers for penetration of solar in the MSME sector. Read this blog to know in detail.
Suprabhata24 Feb, 2022Technology
MNRE has invited the EoI (Expression of Interest) for evaluating phase ? II of the grid-connected rooftop solar program. The aim of this assessment is a part of the National Solar Mission having a target of 40 GW capacities with grid-connected rooftop solar projects by 2022.
Suprabhata26 Oct, 2021Technology
The Government of India has set an ambitious target of installation of rooftop solar plant, so India?s largest moneylender State Bank of India has recently come up with new scheme i.e. "Solar Rooftop Financing Program" for setting up rooftop solar plants. SBI has specifically taken Line of Credit from the World Bank to help set up rooftop solar plants. Visit here to know more about "Rooftop Solar Financing Program
Suprabhata26 Oct, 2021Technology
Development of Grid-Connected Rooftop Solar Program Project for India is to increase installed capacity of grid-connected rooftop solar photovoltaic (GRPV) and to strengthen the capacity of relevant institutions for GRPV. The program environmental objective (PEO) is to achieve reductions in greenhouse gas (GHG) emissions through the displacement of thermal energy with solar energy.
Suprabhata01 Sep, 2021Technology
A Net Metering Policy or Rooftop Solar Policy is the best policy has been introduced in India which sets out the modalities for setting up grid connected rooftop solar or a small solar power plant in a given state. To know more details visit Suprabha.org
Suprabhata01 Sep, 2021Technology
The main objectives of the MNRE Phase II program include promotion of grid connected rooftop solar plants in all consumer segments, bringing DISCOMs to the fore as key drivers of rooftop solar plants and creating additional rooftop solar capacity in the country.
Suprabhata01 Sep, 2021Technology
Under the MSMEs Rooftop Solar Programme, the scheme aims to create a mitigating product or a framework that enables MSMEs to achieve significant savings for installing rooftop solar and achieving cost-competitiveness. Visit our site to know more detail.
Suprabhata01 Sep, 2021Technology
The Unified Web Portal provides that platform for all stakeholders involved in the process of setting up grid-connected solar rooftop plants. The portal aims to digitize the entire process of application, approval and implementation of solar rooftop in different states.
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