Galaxy Solar Energy Pvt. Ltd.’s Post

Some Analysis on current SECI Solar + storage bid which will drive renewable market more toward flexibility and dispatchable power. Discovery of 3.41 tariff in 1200MW/1200MWh, means by paying additional 80 paise Discom can get 2hrs peak dispatchable power @ 600MW/1200MWh.( considering 2.60 for pure solar tariffs) Considering 18 to 20% power to be supplied through battery and rest is direct solar(@2.6 per KWh) will result in 6.75 per kWh power through battery. With 15% Rte losses and 2.6 solar power will make battery storage cost less than Rs. 4. Going forward with many Gwh factories getting commissioned world wide and in India will driver this cost much lower and solar plus storage may address most of the peak power and duck curve issues. This will help more addition of RE power without putting stress on grid. Solar Energy Corporation of India Limited , Ministry of New and Renewable Energy (MNRE) SJVN LIMITED NTPC Limited NHPC Limited Hero Future Energies Enrich Energy

2023 was a pivotal year for India's solar industry! The government eased ALMM, allocated over ₹14,000 crore for module manufacturing, and approved several solar city projects across the country. Let’s revisit the top developments in the Indian solar industry from this year👇🏽 #OrnateSolar #IndiaSolarHighlights #SolarNews

Sova Solar has six chakras which not only talks about its vision but also highlight the perspective of environment from their point of view: - ✅Sustainability ✅Integrity ✅Excellence ✅Family Spirit ✅Teamwork ✅Stakeholder Value #SovaSolar #SustainableFuture #solarpanels #solarpanelinstallation #solarpanelsystem

The 2024-25 Interim Budget shines a spotlight on solar power, witnessing a remarkable 110% surge in allocation to Rs 10,000 crore. This transformative step not only amplifies India's dedication to sustainable energy but also ignites opportunities for domestic solar manufacturers, ushering in a new era of green innovation and economic growth. Check out Eninrac's latest market research report, which comprehensively analyzes the latest opportunities in the Solar Sector in India- https://bitly.ws/U3bP #SolarRevolution #GreenEnergyIndia #RenewableIndia #SustainableFuture #CleanEnergyTransition #SolarPowerIndia

The 2024-25 Interim Budget shines a spotlight on solar power, witnessing a remarkable 110% surge in allocation to Rs 10,000 crore. This transformative step not only amplifies India's dedication to sustainable energy but also ignites opportunities for domestic solar manufacturers, ushering in a new era of green innovation and economic growth. Check out Eninrac's latest market research report, which comprehensively analyzes the latest opportunities in the Solar Sector in India- https://bitly.ws/U3bP #SolarRevolution #GreenEnergyIndia #RenewableIndia #SustainableFuture #CleanEnergyTransition #SolarPowerIndia

The #unionbudget2024 marks a watershed moment for India’s #solarindustry. https://lnkd.in/gCCCq9Gu At Sova Solar, we are particularly excited about the PM Surya Ghar Muft Bijli Yojana. This scheme not only aligns perfectly with our mission to bring clean, affordable energy to every Indian household but also presents an unprecedented opportunity for industry growth. The increased budget allocation for solar projects and support for domestic manufacturing will enable us to scale our operations, invest in cutting-edge technologies, and contribute significantly to India’s renewable energy goals. We are gearing up to meet the surge in demand, enhance our production capabilities, and play a pivotal role in this solar revolution. #sovasolar #solarpanel #solarpanelmanufacturing #budget2024 #india

#NewIndia’s cumulative Roof Top Solar (RTS) installed capacity increased from ~2 GW in March 2019 to ~10 GW in November 2023, growing at a CAGR of ~46%, driving towards #sustainability and a cleaner tomorrow. Know more: https://lnkd.in/fPrqxTA #InvestInIndia #InvestIndia #GreenEnergy #RenewableEnergy Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

Our Partner, Rachika A. Sahay, shared her expert insights in a panel discussion at the 17th edition of India Infrastructure Conferences, Renewable Watch Magazine and REGlobal's conference on Solar Power in India.   The discussion centered on domestic manufacturing and explored topics like popular technologies in the Indian solar space, impact of global supply chain disruptions on solar technology trends, manufacturer’s perspective on recent government initiatives to promote domestic manufacturing and steps needed to further scale up domestic manufacturing. #ArgusPartners #SolarPowerConference #SolarTrends #RenewableEnergyFuture #SolarInnovation #SustainableSolar #CleanEnergySolutions #SolarDevelopment #RenewableTech #SolarManufacturing #HybridPowerSystems #SolarFinance #CISolar #SolarPolicy #GreenEconomy #SolarInvestment #EnergyTransition #SolarOpportunities #SolarInsights #RenewableCollaboration #ClimateActionNow

The 2024-25 Interim Budget shines a spotlight on solar power, witnessing a remarkable 110% surge in allocation to Rs 10,000 crore. This transformative step not only amplifies India's dedication to sustainable energy but also ignites opportunities for domestic solar manufacturers, ushering in a new era of green innovation and economic growth. Check out Eninrac's latest market research report, which comprehensively analyzes the latest opportunities in the Solar Sector in India- https://bitly.ws/U3bP #SolarRevolution #GreenEnergyIndia #RenewableIndia #SustainableFuture #CleanEnergyTransition #SolarPowerIndia