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Home loans and solar power

Home loans and solar power

As part of its continuing efforts to boost solar power generation in the country, the Department of Financial Services, Union Ministry of Finance, has issued instructions to public sector banks to encourage clients seeking either home loans or home improvement loans to install rooftop solar photo voltaic plants and to include the cost of the

India Gets Obama’s Backing for $160 Billion Solar Push

Prime Minister Narendra Modi, who pioneered India’s first solar incentives as chief minister of the western state of Gujarat, won backing from U.S. President Barack Obama for an expansion of the technology nationwide. Without giving any detail, Obama said the U.S. will “stand ready to speed this advancement with additional financing.” The remark was made

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Solar panels on top of canal impress U.N. chief

U.N. Secretary-General Ban Ki-moon on Sunday praised India’s ingenuity and cutting-edge technology while dedicating Gujarat’s second canal-top 10-MW solar power project to the nation. The solar panels are arranged on top of the Vadodara branch of the Sardar Sarovar project canal, probably a first-of-its-kind project in the world to generate power. In a brief address,

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Grid Governance: Are Solar Microgrids a Step on the Ladder Towards Grid Access?

In July of this year, Greenpeace installed a solar/battery microgrid in the village of Dharnai in eastern India. The 100-kilowatt system was designed to provide power for the village’s 2,400 residents, 50 businesses, 2 schools, and other infrastructure. Greenpeace called the project “inspiring,” writing that case studies like Dharnai prove “villages can develop their own clean power

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Solar power can be the game-changer for inclusive growth

With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries

Lockheed Martin To Provide Nanotech-Based Structures For Canal-Top Solar Power Projects In India

After Gujarat’s success with canal-top solar photovoltaic power plants, other Indian states are also planning large-scale implementation of similar projects. India’s northern state of Punjab plans to set up 1,000 MW of solar PV projects to cover several kilometres of canals over the next three years. The state government has announced a target to cover

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