In a step forward towards the adoption of renewable energy, Chief Minister Atishi, on Wednesday, launched the ‘Solar Portal’ to make rooftop solar installations accessible and convenient for the residents with an aim to achieve 25 per cent of the city's total energy consumption through solar power by 2027.
As of June 2024, the country's installed solar capacity stood at 87.2 GW and accounted for 19.5 per cent of the total energy mix, the report said.
The minister also said as per information provided by the state implementing agency of Uttar Pradesh till July 29 this year, the PM-KUSUM has provided benefits to 51,097 farmers in the state.
Under a long-term power purchase agreement, the power generated by the Raghanesda Solar Power Station will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) for 25 years.
Negotiations with private companies are currently underway to bring this green energy initiative to fruition, officials here on Monday said .
A detailed plan has been prepared to convert the expressway into a ‘Solar Expressway’ with installation of solar panels on a large scale based on the PPP model.
The civic agency plans to develop grid connected solar plants for meeting its own electricity needs and injecting surplus electricity into the distribution grid through Grid-connectivity.
India saved $4.2 billion in fuel costs through solar energy generation and avoided an additional 19.4 million tonne (mt) of coal in the first half of the year, a study said on Thursday.
Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned distribution companies, said Fitch Ratings.
The metropolitan government is eying 2025 for the launch of the solar power initiative, the first of its kind in Japan.
