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Rooftop solar developers make concerted efforts to overcome challenges
Over the past one year, the solar power industry has increased its focus on rooftop solar development. An increasing number of states are reforming their net metering regulations. However, owing to various challenges, rooftop solar continues to be a minority segment in the country’s overall solar power ecosystem. At the “Solar Power in India” conference, senior representatives from leading rooftop development firms expressed their views on the key challenges faced by the segment, the possible solutions and the future outlook…
Growing footprint in India and Southeast Asia
After having worked in the US solar energy industry for over a decade, two solar engineers, Adarsh Das and Kushagra Nandan, returned to India to start their own venture. They set up SunSource Energy to primarily focus on the solar power requirements of commercial and industrial (C&I) consumers. “The Jawaharlal Nehru National Solar Mission and the increasing use of solar power on a commercial scale encouraged us to fulfil our dream of coming back and starting a venture,” says Das.
SunSource Energy to develop 70 MW open access solar power project in UP
New Delhi: SunSource Energy, a Noida-based distributed solar energy company, announced it will develop a 70 Megawatt (MW) solar power project under open access scheme in Uttar Pradesh.
Jamia to soak up the sun, go fully green
Jamia Millia Islamia is planning to become emission-free and renewable energy-reliant fully while turning...
Solar power growth hit by GST, import duty woes
The ambitious target of setting up 40 gw of rooftop solar power in the country by 2022 seems impossible with the government taking its 'eye' off this ambitious programme.
"Rooftop solar has taken a back seat… The government has taken its eyes off rooftop solar," SunSource CEO, Adarsh Das told DNA Money.
SunSource, the Rs 400 crore start-up company, is in the business of erection of commercial and residential solar rooftops, besides building large solar power plants across the country and some overseas nations, including the Philippines.
Will the new 50% manufacturing clause pump domestic manufacturing?
All future bids for renewable projects would have at least 50% domestic manufacturing component for developers. The government will also soon make it obligatory for project developers to manufacture storage systems.
Solar firms see sunrise on residential rooftop
In their rush to grab the first mover advantage in the segment, they are hopping onto the rooftop even before the government came out with proposed sops
Even before the government has come out with policies and regulations to give rooftop solar a big push, major solar companies are looking to tap opportunities in the residential rooftop solar kit segment to grab a big chunk of the market.
SunSource Energy to install 2.5 MW solar plant at Jamia Millia University
April 24 () Solar project developer SunSource Energy today said it will set up a 2.5 MW solar rooftop at Jamia Millia Islamia University, which would help the institution save around Rs 1 crore in energy cost every year. SunSource Energy is all set to have the rooftop solar facility on the campus of Jamia Millia Islamia University by the end of June 2018, SunSource said in a statement
Jamia University to go fully solar from June-end
Jamia Millia Islamia will be only using solar energy on its campus from June-end. The university, on Tuesday, signed an MoU with the Solar Enegy Corporation of India (SECI) approved company, Sunsource Energy, that would execute the project on a turnkey-basis and maintain the plant for the next 25 years under Renewable Energy Service Company (RESCO) model. Jamia would be supplied electricity at Rs 3.39 per unit for 25 years. The MoU is in line with the central government’s target of installation of 40 GWp grid connected solar
rooftops by 2022.
We are betting on PM Narendra Modi's solar plan: Adarsh Das
Solar was not an energy source being actively considered by Indians when Adarsh Das and Kushagra Nandan set up SunSource Energy with their own seed money after returning from the US in 2010. So, for them, the biggest challenge was to educate their clients, and then handhold them by getting financiers for their captive rooftop solar plants. And the result was a whopping 5X jump in their annual revenue.