“ Rent
– a – Roof “ for Solar
Power
Hindustan Times (18 Nov) carries following editorial
:
=================================
“ Shining the light on Solar Energy “
The ‘rent-a-roof’ policy will help developers and householders
·
The Centre is planning a rent-a-roof policy to
support its ambitious plan to generate 40
gigawatts (GW) of power from solar rooftop projects by 2022, MINT reported this week .
If
the new policy comes through, solar developers can rent rooftop space, fit it
with solar panels, and feed the power to the grid . If the policy takes off,
householders will not have to bother themselves any more with the
time-consuming, bureaucratic nitty-gritty that precedes the installation of
panels.
India
offers a big opportunity for solar energy. Its 750 GW potential is driven by roughly 300 sunny days a year.
Despite
this, and attractive fiscal incentives, households haven’t exactly taken to
solar power. As a result, financial incentives are not being utilised and consumers
are not availing significant potential savings on their electricity bills, even
as the burden on electricity distribution companies to meet power demand from
the grid is growing.
Large solar plants require land, lots of it.
Therefore, it is important that policies support rooftop and decentralised
solar power generation, both off grid and on.
The
proposed policy could empower the solar energy industry to focus on households;
it also gives every home a chance to be energy independent.
Let us evaluate the possible impact of this initiative
in the following background :
·
Government’s Solar Power
target is = 100 GW by 2022
, of this
·
60 GW from ground-mounted
/ grid-connected projects
·
40 GW from roof-top projects
·
As of Sept 2017 ,
# ground-mounted solar
has reached only 13.9 GW
# roof-top capacity
has reached only 790 MW
# taking total Solar installed
capacity to 14.7 GW
·
During the first 6
months of this fiscal, Solar capacity added was 2.4 GW
This means that , during the next 60 months ( Nov 2017 – Nov 2022 ) , we need
to install ( 100 GW – 14.7 GW ), 85.3 GW of Solar ( ground
+ roof )
That is nearly 1.5
GW / month ( month after month after month , for next 60 months )
Now , 1 GW installed capacity
of Solar costs approx. 1 Billion dollar ( = Rs 6500 Cr )
That means , we must find Rs 10,000 Cr / Month , for 1.5 GW
Every month for the next 60 months !
Who has this kind of money to invest in Solar Power projects –
especially when DISCOMs which have signed definitive / legally-binding PPA with
power producers are backing out and demanding that producers reduce their price
– already , the lowest in the World ?
Dear Shri
Piyush Goyalji / R K Singhji :
If you are looking for a viable solution ( something experts won’t recommend since it would be politically
incorrect ? ) ,which :
·
Brings in , Rs
10,000 cr / month of investment for next 60 months
·
Enables Power Producers to raise “ Zero Risk “ capital at “ Zero Per cent “ interest
·
Delivers power to consumers at Rs 1 / Kwh , ( with 5 % reduction in tariff every year )
·
Turn India into “ the most envied and most copied “ Low Cost Economy “ of the World , capable of reversing its negative trade balance ( through
exports ) with all countries
then, please read following email sent to you earlier :
Solar Power at Rs 1 per Kwh ? [ 29 Jan
2017 ]
20 Nov 2017
www.hemenparekh.in /
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