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Showing posts from December, 2021

Residential Solar: 11 Things to Keep in Mind Before Installing a Residential Solar System

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The benefits of adopting solar energy by homeowners are well documented. From saving up to 80% on monthly electricity bills to promoting a sustainable society, going solar has proven to be a wonderful investment for homeowners across the country. Mr Sushil Sharma, a homeowner who decided to go solar with MYSUN in Greater Noida, shared his experience in a video here: It is for the wide availability of solar energy that the installation of PV rooftop solar systems has grown at an impressive rate in the country, increasing from a capacity of 5 MW in 2010~11, to over 5000 MW in 2019~20. If you are a homeowner you must have already evaluated the benefits of going solar. Being an expensive purchase decision that you will have to live with for 25-years, it is prudent to do a thorough research before making a move. With this blog post, we will bring forth the answers to 11 crucial questions which you must know before installing solar panels on your residential property. We are sure these answ...

Chinese port congestion resulting in increased solar project costs in India: Industry

New Delhi: The ongoing congestion of ships at the Chinese ports has resulted in increased solar project costs in India, according to industry executives and analysts. The gap in the supply due to the non-movement of consignments has impacted the already increasing rate of inflation on solar modules, said Animesh Damani, managing partner at renewable energy consultancy, Artha Energy Resources. “This directly leads to an increase in the working capital required and we are witnessing an overall increase in project costs by close to 0.7 per cent just on account of working capital,” Damani added.  According to Ritu Lal, senior vice-president and head – Institutional Relations, Amplus Solar, a Gurugram-based distributed energy firm, the Chinese port congestion has caused ripple effects in the global supply chain. “From India’s perspective, the congestion negatively impacted the solar component shipments, in particular modules and solar cells. Considering India\u0027s dependency on China ...