At the cost of annoying you, I am forced to say “I told you so.”
I had always maintained, in the context of Indian solar power plant targets laid down by the MNRE, that while they are on a good wicket for the grid connected solar power plants (target of 60 GW by 2022) and might even come close to achieving it, they are fairly clueless when it comes to rooftop solar (target of 40 GW by 2022).
Needless to say, while grid connected solar power plants are galloping at about 4500 MW as of Dec 2015, rooftop solar installed capacity is hardly 500 MW!
While the blokes at Bridge to India had maintained my stance as well, it is nice to know that they have come out big and bold with their scepticism.
In a blog, Bridge to India said in the last year from November 2014 to October 2015, India added 240MW of rooftop capacity, up from 154MW in the previous year.
The firm claimed that MNRE is ready to place a new rooftop solar policy in front of India’s Union Cabinet. It is expected to include detail on operational and economic support for rooftop solar in India.
The firm expects the new policy to include a 15% capital subsidy for residential consumers and public buildings, low-cost financing using funding from international development banks, zero import duties on solar equipment and continuation of accelerated depreciation benefits.
Bridge to India said: “Further action on compulsory net-metering by power distribution companies and mandates on building owners to install rooftop solar can provide a significant fillip to the market.”
It added that it will be important for the new rooftop policy to provide added detail on these previously announced schemes, otherwise it claimed the new policy would be a “non-event”.
Source: PV Tech