Delhi Govt Approves Draft Solar Policy 2022

- Advertisement -
  • Will create a unified single-window state portal maintained by the Delhi Solar Cell to provide information, timeline and process-related guidelines
  • Incentivizes power discoms to increase the share of solar energy procured from outside Delhi

The Delhi government recently approved its draft Solar Policy 2022, with the aim to increase the share of the city’s annual electricity demand met by solar energy from 9% at present to 25% by 2025. It has been put in the public domain for 30 days for comments. After this time, it will be tabled before the Delhi Cabinet for final approval.

The new policy revised the installed capacity proposed by the 2016 policy from 2,000 MW to 6,000 MW by 2025 to increase the share of solar energy in Delhi’s electricity demand in 3 years.

Notably, the policy has been prepared by the Dialogue and Development Commission of Delhi (DDC) after stakeholder consultations with the industry, consumers, government entities, financing institutions, and clean energy think tanks. According to the government, along with increasing solar energy consumption, the policy also aims to generate over 12,000 green jobs.

- Advertisement -

Interestingly, monthly Generation Based Incentives (GBI) will be provided for residential, group housing societies, and residential welfare associations. For commercial and industrial consumers, the GBI will be provided for 5 years from the date when the solar power is commissioned.

As per various reports, the policy puts in place the community solar model for the first time in India. The government believes that community solar will enable consumers who do not have a suitable roof for installing the RTS panel to be owners of a part of a larger solar energy system set by a developer within an available land parcel in Delhi. Moreover, the peer-to-peer trading model will enable the owners of solar energy systems to sell surplus electricity in real time via a P2P energy trading platform.

It must also be noted that capital subsidies will be provided for residential consumers for mounting raised structures having a minimum ground clearance higher than 6 feet. Moreover, taxes and duties will not be levied for the generation of energy from the rooftop solar (RTS) panels whether for self-consumption or supplied to the grid.

Deputy CM and Power Minister Manish Sisodia stated that the policy provides a host of benefits through GBI and capital subsidies for residential and commercial consumers to adopt solar energy, besides introducing innovative models of solar deployment. “For the first time in the country, consumers will have an opportunity for community solar and peer-to-peer (P2P) trading,” he added.


 

- Advertisement -

Most Popular Articles

Hyundai And Kia Plan LFP Project To Enhance EV Battery Technology

0
Hyundai and Kia, together with Hyundai Steel and EcoPro BM, are initiating a four-year project in South Korea to develop manufacturing technology for lithium...

Altair Joins £5.8M Project For Sustainable Vehicle Component Manufacturing

0
Eyeing to transform vehicle manufacturing with AI, creating lighter, greener components and slashing carbon emissions, Altair has leapt into a £5.8 million PIVOT project...

U.S. Lower House Approves Bipartisan Legislation For Faster Clearance Of Chip Manufacturing Units

0
The signed legislation will smoothen the approval process for semiconductor manufacturing projects and attract future foreign investments in America. The U.S. House of Representatives has...
Laptop and computers

PLI Success Energises India’s Electronics Manufacturing Ambitions, Says Report

0
Is India solidifying its world rank in mobile and laptop manufacturing? The success of the PLI scheme is fuelling this goal, as the country...

Euler Motors Introduces ₹8.9 lakh StormEV Electric SCV

0
The StormEV boasts a payload capacity of approximately 1,250 kilograms and is available in three different variants. Electric commercial vehicle manufacturer Euler Motors has officially...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
Tanvir Singh, Co-Founder of Mooving

“Battery And Vehicle OEMs Will Be Partners On One Side, Competitors On The Other”...

0
With what is being touted as the ‘Shift of the Century’ in the automotive segment, the business models are evolving too! Does that mean...
Alok Das, Co-Founder, Qargos

“Europe’s Going To Be A Big Market For Indian E2Ws” – Alok Das, Co-Founder...

0
Europe is becoming a hub of investments in the automotive industry, with numerous Indian companies joining the fray. The question arises: will Europe follow...
Rahil Gupta, Co-Founder of Hop Electric

“EV Battery Prices Will Drop By 80% In Next Five Years” – Rahil Gupta,...

0
As the global electric vehicle market finds itself in a tough spot, India’s use cases of electric two-wheelers and three-wheelers have come to the...
Kaushik Burman CEO, Spironet

Can Africa’s “No Questions Asked E Motorcycle Exchange” Be India’s Queue? – Kaushik Burman,...

0
In Africa’s Benin, Togo, and Kenya, a company is exchanging ICE motorcycles with electric ones without charging anything from the end consumer. The business...
InCore Co-founders (L to R): Arjun Menon (Chief Engineer), G.S. Madhusudan (CEO), Neel Gala (CTO), and Gautam Doshi (Chief Architect)

InCore Unveils Six-Core RISC-V Test Chip To Accelerate Design Adoption

0
InCore Semiconductors has introduced a six-core RISC-V test chip that utilises the company’s proprietary generator technology to build its flexible architecture, allowing for the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Thinker bell’s Self-Learning And Remote-Enabled Braille Literacy Device

0
Bengaluru-based startup Thinkerbell Labs Pvt Ltd was founded by Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh in 2016. For many years, Braille has...

Industry's Buzz

Learn From Leaders

Startups