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Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018

Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018

August 29, 2018 admin , , , No comments

Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges

The renewable energy sector in India is attracting companies from across the world

In the year 2016-17, the aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in the year 2017-18, aggregate capacity of around 11,887 MW was installed. Thus, renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges at present.

 

There is no reliable formal institution which carries out rankings on renewable energy country attractive index. However, there are private agencies who carry out such rankings. The renewable energy sector in India is consistently growing and continues to remain attractive for investors from across the world.

 Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017, for 200 MW and again in July, 2018, for 600 MW.

Renewable energy sector in India is attracting companies from across the world. However, as at the stage of auction, the details regarding their fund tie-up for the project are not required to be submitted, this ministry has no information about the capital structure /composition of the companies participating in the renewable energy auctions. Thereby indicating the absence of any major challenges to low solar tariffs in India.

 A total of around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 from all renewable energy sources which includes around 34,145 MW from Wind, around 21,651 MW from solar, around 4,486 MW from Small Hydro Power and around 9,502 MW from Bio-power.

 The Government has set a target of installing 175 GW of renewable energy capacity by the year 2022 which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro capacity. So far, 71.33 GW of renewable energy capacity has been installed in the country up to June 2018. To achieve the balance target of 103.67 GW, investment of around 76 billion US$ has been estimated at present capital cost which includes 53.20 billion US$ as debt and 22.80 billion US$ as equity for the debt-equity ratio of 70:30 as per Central Electricity Regulatory Commission (CERC) norms.

This information was provided by Shri R.K. Singh, Union Minister of State (IC) Power and New & Renewable Energy in written reply to a question in Rajya Sabha today.

adminAround 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018
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We Have Introduced a New Series in Our Product Range. 

We Have Introduced a New Series in Our Product Range. 

August 28, 2018 admin , , , No comments

We have introduced a new series in our product range.

1. 12V 200WP Solar PV Module specially introduced by IB Solar for Solar Home Lighting System application under Saubhagya scheme.
2. Available with A-grade High Efficient 5-Busbar solar cell.
3. Made in 72 Cells series 12V for LiFEPO4 batteries.
4. Low light irradiation performance.
5. Superior performance at NOCT conditions.

Visit us : www.ibsolar.co.in
Mail us : marketing@ibsolar.co.in
Call us : +91-9910222871, 0120-4123335

adminWe Have Introduced a New Series in Our Product Range. 
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Kerala : How a Rooftop Solar Power Plant saved lives in Times of Deluge

Kerala : How a Rooftop Solar Power Plant saved lives in Times of Deluge

August 27, 2018 admin , , , No comments

THIRUVANANTHAPURAM : It was five years ago that Dr AP Sreekumar, a staunch environmentalist, installed a rooftop solar power plant at his house in Chengannur in Kerala’s Alappuzha district. Little did he know then that one day it would help save lives during the devastating floods in the state.

When the electricity board had turned off power distribution at Chengannur to prevent further danger following the unprecedented rain and deluge, Sreekumar’s house in the locality remained lit up. It sheltered five families from the neighbourhood.

It became a centre from where the refugees sent SOS messages, everyone charged their phones and remained connected to the outside world. “Even though we had enough power, we tried our best to reduce the usage as we did not know how long the uncertainty would prevail,” Sreekumar said. The doctor could also alert the local youths, who were carrying out rescue operations along with police, fire and rescue personnel, and save the lives of an elderly man and his son stranded in the neighbourhood. Fortunately, the house was not submerged as it is located on a higher plane.

Indukantham Hospital run by Sreekumar, which is again solar powered, had sheltered five other families, including that of two in-patients. Sreekumar and wife Dr Lakshmi Sreekumar had administered first aid to many fishermen who were injured in rescue operations. After the flood waters receded, the couple joined the medical camp at Chengannur.

adminKerala : How a Rooftop Solar Power Plant saved lives in Times of Deluge
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