2140 installation applications received under Rooftop Solar Scheme

solarrooftopsFriday, November 21, 2014: The TN Energy Development (TEDA) initiative of developing grid tied domestic rooftop solar photovoltaic scheme has gained momentum on receiving over 2,140 installation applications by the interested consumers.

As per TEDA official, around 240 solar systems have already been set up by the vendors under the CM’s solar rooftop capital incentive scheme. He said, “We are hoping to receive more applications from consumers in the coming days.” Subramanian of Green Pearl Solar Systems said that the company has received good demand for installing rooftop solar panels with net metering facility. He noted that up till now they have already installed 40 solar systems in homes.

People from city opted for solar systems without battery backup since there was no load shedding whereas in other districts, people opted for a battery supported system. The battery attached needs replacement after every two or three years.

Also, one of the vendors mentioned about the excessive delay by the ministry of new and renewable energy (MNRE) on releasing the subsidy for the rooftop photovoltaic system had also impacted upon the scheme implementation. The vendor said, “We have installed solar systems on consumer rooftops after collecting only the amount, reducing the state and Central government subsidies.”

Upon this the TEDA official noted though the delay in releasing subsidy by the Union ministry have been observed since past two years but within the last two months they had released the subsidy amount. The delay was mainly observed because of the less availability of locally manufactured inverters.

- Advertisement -
Loading form…

Industry's Buzz

Essencore

Essencore Partners With Syrma SGS, Brings KLEVV Products to India

0
Essencore and Syrma SGS Technology have partnered to expand electronics manufacturing in India and introduce KLEVV memory and storage products to the market, supporting...
SpaceX

AUS, NZ Telecom Stocks Drop Following SpaceX Spectrum Acquisition

0
Market fears grow over satellite competition disrupting traditional mobile coverage as SpaceX secures low-band airwaves.  Telecommunications shares in Australia and New Zealand experienced significant losses...
Audi

Audi India Eyes Local EV Production to Double Market Share

0
The luxury carmaker considers domestic battery electric vehicle assembly as part of a three-pillar growth strategy.  Audi India is contemplating local manufacturing for a battery...

Microchip Technology Expands Space Portfolio with VORAGO Acquisition

0
Semiconductor supplier acquires radiation-hardening specialist to strengthen its aerospace and defence capabilities.  Semiconductor supplier Microchip Technology Incorporated has acquired Austin-based VORAGO Technologies, a specialist developer...

Luxshare Downplays Impact of US Patent Investigation

0
Chinese electronics manufacturer responds to ITC probe into power delivery technology, confirming affected products are not in mass production.  Major Apple supplier Luxshare Precision Industry...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...
PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...