Category Archives: Renewable

Solar Subsidy Eligibility Govt policy and Benefits of Solar

Solar Subsidy Eligibility Govt policy and Benefits of Solar

Solar Subsidy Eligibility Govt policy and Benefits of Solar

Solar Subsidy Eligibility Govt policy and Benefits of Solar

While we discussing about Solar Subsidy Eligibility Govt policy and Benefits of Solar, I might like comment that this is the right time to adopt solar energy from renewable sector since Government of India and State machineries are equally supporting the consumer / user of solar products through subsidies and incentives.

Alongside it, the Indian Government is investing huge sums to incorporate solar energy systems in the public sector too.  Appended below are the few scenerios, take a look:-

Government support with Subsidy

  • 10 to 20% margin
  • 2-3 years break even time
  • solar adoption is increasing
  • Net Metering Incentives
  • One Time low investment startup

Why to adopt Solar Energy or Solar Business

  • Business Management training is prevalent
  • Rooftop Solar Installation and training is easily accessible.
  • As per new policy no approach required with Govt or SNC
  • No security deposits are required.
  • Installation and technical support
  • Quality assurance.

Go Solar and Get Subsidy of Rs.20,000/- per Kw or 30% of project cost on ONGRID Rooftop Solar Power Plants in Haryana and Delhi.

Who are eligible for Solar Subsidy

√Domestic / Residential users
√Private Schools/Colleges and Institutions
√Registered NGOs under NPO category

Benefits
√1 kilowatt On-Grid Solar plant yields 4-5 units per day.
√Every month reduces bill upto Rs.1000
√Produce free electricity for next 25 years.
√ROI 4-5 Years.
√Net metering and Tax benefits for commercial users.

Solar power plant installation mandatory for following

√√ All private schools / Colleges / Vocational Institutions.
√√ All private hospitals / Medical laboratory / Medical Colleges.
√√ Hotel / Motel / Malls / Shopping Complexes and restaurants.
√√ All builders / Developers for Building / apartments.
√√ All Residential plots =>500 Yards.
√√ All commercial and industrial installation.

As a last minute note, the Indian Government is very soon likely to withdraw subsidies and incentives for Commercial, Institutions and Social Sector as per the upcoming policy 2018.

To avail Solar SUBSIDY @Rs.20000 per Kilowatt or 30% of project whichever is less on ON-GRID and HYBRID Plant of Domestic, institutional and NGO (NPO) category, contact or reach us

Showroom:-

DayRise Solar Enerdy Pvt Ltd,
B/212C, Mama Bhanja Chowk,,
SH11, Delhi Rd, Sonipat, Haryana-131001

Email:
ruralindiasolarenergy@gmail.com

Whatsapp :
9963493474 Anand
9618637662 Vipin

Websites:
http://dayrisesolar.com

#dayrisesolarenerdy #solarenergy #solarpower #solarpanels #solarplant #ongrid #solarpanelsinstallation #solarpanelsinsonipat #dayrisesolar

Long term Impact of Brexit on UK’s Renewable Energy

Long term Impact of Brexit on UK’s Renewable Energy

Long term Impact of Brexit on UK’s Renewable Energy

Long term Impact of Brexit on UK’s Renewable Energy

Continuing from the previous part “impact of Brexit on UK’s renewable-energy” some more thoughts to understand long term impact of Brexit on UK’s renewable energy sector

Experts point out that much of the UK’s success in renewable energy has come with the regulatory [one of the most ambitious climate change policies] and financial support of the EU.

A Brexit would mean an end of funding support from EU for renewable energy projects and maybe without the push and pressure, UK could backslide on its carbon emissions goals. Unless they see a strong support from the UK government after Brexit, a Brexit may drive away the investors-atleast in the short term.

Statistics say that UK has received 24% of the The European Investment Bank’s (EIB) total investing of more than 7 billion euros into renewable energy since 2007. A Brexit could mean to a much lesser disbursement for projects in UK. A point to note is that non-EU countries have received only 12% of the disbursed funds.

The UK could presumably lose access to the EU’s eighth Framework Programme that funds innovation and research, Horizon 2020, which runs until 2020. A significant portion of these funds are dedicated to energy innovation and the UK is one of the larger recipients.

Many academic institutions and companies that currently benefit from the program could see their funding evaporate negatively impacting R&D of new clean energy technologies.

Though the UK government has its own policy on climate change; it is not particularly focused on renewable energy only and without the pressure from EU, the industry may also see a lag from the government to achieve the targets due to budget constraints or weakening of the policy by a new government.

This thought comes from the fact that pro-Brexit supporters have blamed EU for increased electricity costs, closure of coal  plants and energy taxes. The expectations are that post Brexit, support for renewable energy in UK will whittle down leading to less encouraging government policies.

The fear is that with Brexit UK will loose momentum on low carbon approach especially when following the Paris meet, low carbon has emerged as one of the key drivers of new economy.

Brexit would be bad for what has been achieved in Paris COP21

Experts point out that UK could adopt one of the following models following Brexit:

The Norwegian Model

Continue in the single market, including for energyRequires acceptance of free movement of people and budgetary contributions All trade rules, including anti-dumping measures, Continue to apply Some veto powers on EU expansion

The Swiss Model

Trade continues via a network of bilateral agreements for different goods Bilateral deals require participants to adhere to EU rules No influence on EU policyCreate option to pick and choose areas of trade cooperation Switzerland is part of the Schengen group of countries

Joining the European Free Trade Area

Free trade of goods but not people or services into the EU No budget contribution required

WTO

The UK could leave trade to be defined by WTO rules All trade agreements would be independent of EU No free movement of people No right of access for service providers No budget obligation

Turkish and South Korean Models

Turkey is part of the customs union but not the free trade area Turkey has many bilateral trade agreements, no free movement of people South Korea not part of customs union or free trade area South Korea has a comprehensive free trade agreement with the EU,European subsidiaries required to access single market

Source:

http://mongooseenergy.coop/what-would-brexit-mean-for-uk-renewables-2/

http://www.ibtimes.com/brexit-vote-2016-uk-renewable-energy-sector-faces-uncertain-future-june-23-eu-2377753

https://solar-media.s3.amazonaws.com/assets/SBFUK22.pdf

View the original article here

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