The Big Article is the one about India’s overall energy policy which compared to America’s is wonderful. The Smal Article is the one I am interested in because it is the side deal in the “thrird” world that could save the day.
India set to cross 100GW renewable energy capacity mark in 2020
Presently, the issues hampering growth of renewables in India are lack of interest of financial institution to fund renewable energy projects, safeguard duty on imported solar panels, ambiguity over goods and services tax (GST) on solar equipment …
India is all set to cross the 100GW renewable energy capacity mark in 2020 and can make rapid strides towards the ambitious 175GW clean energy target by 2022 provided the government keeps a close eye on key issues and deals with those well in time.
The government however needs to promote storage to ensure 24X7 clean energy supply as coal fired thermal power still remains the base load in the country.
Presently, the issues hampering growth of renewables in India are lack of
interest of financial institution to fund renewable energy projects, safeguard duty on imported solar panels, ambiguity over goods and services tax (GST) on solar equipment and low investor sentiment due to delayed or non-payment by discoms to clean energy developers.
Cabinet approves pact with Guinea on renewable energy
The areas of cooperation include solar energy, wind energy, bio-energy, and waste to energy, small hydro storage and capacity build.
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More next week. Go there and read.
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