Grandiose plan: India needs to frame a realistic solar power policy

Grandiose plan: India needs to frame a realistic solar power policy

The 2.7-mega watt solar array with about 9,800 solar panels in Callicoon is expected to cut energy bills for more than 350 homes and businesses, according to a news release from the governor's office.

The International Solar Alliance initiative was launched at the UN Climate Change Conference in Paris in November 2015 by Prime Minister Narendra Modi and former French President Francois Hollande.

NY governor Andrew M Cuomo on Friday awarded contracts to 26 large-scale renewable energy projects totalling 1,383.09 MW, making the largest single investment in renewables by а USA state.

23 countries have taken part in an ISA consultation on their priorities in the fields of solar energy for agriculture and rural areas, solar mini-grids, rooftop installations and e-mobility. France was committed to providing an additional €700 million in loans and support by 2022 to emerging economies for solar energy projects, he said.

Progress is clearly happening quickly: During 2017 alone, India doubled its installed solar capacity from 10 GW to 20 GW.

Sonia Gandhi hosts dinner for 17 Opposition leaders at 10 Janpath
He had earlier said, "Will not be able to attend the dinner as the Assembly session in Tamil Nadu was beginning from March 15". The dinner hosted by Mrs Gandhi is expected to set the tone for opposition unity in the run-up to the next general elections.

In a press statement, Cuomo pledged to provide a USD-1.4-billion (EUR 1.1bn) investment package for the implementation of 22 utility-scale solar schemes with a combined capacity of 646 MW, three wind projects of 733.6 MW in total, one of them with storage capacity, and one hydropower plant (HPP) project of 3.23 MW. Sixty countries have signed the agreement to join the alliance.

ISA member countries undertake to amalgamate and harmonise their requests for finance, technologies and innovation to create a common market in order to lower costs, strengthen quality control, better adapt products to needs and improve technologies.

India´s solar push is in part boosted by steadily dropping costs of providing solar energy. Among the other developers that were awarded contracts are Cypress Creek Renewables, NextEra Energy (NYSE:NEE), and Hecate Energy.

India´s government also is considering a 70 percent tariff on solar imports to protect India´s solar manufacturers - something that is causing a lot of uncertainty as investors try to bring new solar projects into the country, Buckley said. "In this context, IRENA stands ready to work with ISA and its members to scale-up solar energy deployment as a means to expanding affordable, reliable and sustainable energy access, as well as to addressing climate and energy security concerns".

However, "India is very much wedded to the energy transformation. They did not wait and stop because some countries just made a decision to leave the floor and leave the Paris agreement".

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