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The #Sindh government, in collaboration with the The World Bank, has announced an initiative to provide complete #solar systems to 200,000 households at an affordable price of just Rs7,000 each. This program aims to tackle energy challenges and promote #sustainable electricity solutions across the province. The solar systems will be available to households throughout Sindh, including 50,000 in #Karachi. Each system, priced at Rs7,000, will include a fan and three LED bulbs, ensuring basic lighting and ventilation. Sindh's director of alternative energy disclosed that 6,656 solar systems will be distributed in each district. The project is set to begin in October, following the procurement of solar panels, charge controllers, and batteries. Funded by the World Bank, which has allocated $32 million for this initiative, the project may see further expansion in the future. Sindh already generates 400MW of electricity from solar energy, demonstrating its commitment to renewable energy sources. In a similar effort, the #Punjab government plans to provide free solar systems to 50,000 households, targeting those consuming up to 100 units of electricity per month. This scheme, fully funded by the provincial government at a cost of Rs10 billion, aims to alleviate electricity costs for low-consumption households by covering all expenses, including installation. #DigitalPakistan #TechUpdate

The Punjab government is actively promoting solar energy as part of its renewable strategy, now focusing on local solar panel manufacturing. Punjab's Industry and Commerce Minister, Shafay Hussain, met with a delegation of Chinese solar companies to discuss establishing solar panel factories in the region. He emphasized the government's commitment to local manufacturing and highlighted the eagerness of Chinese investors. Hussain hinted at developing a long-term policy to encourage such investments, noting the favorable moment for Chinese involvement. The decreasing cost of solar panels has made solar energy more appealing for residential, commercial, and industrial users in Pakistan. #SolarEnergy #RenewableEnergy #Punjab #LocalManufacturing #ChineseInvestment #SustainableFuture #GreenEnergy

Government of India issues Operational Guidelines for Implementation of 'Model Solar Village’ under PM-Surya Ghar: Muft Bijli Yojana Under the scheme component 'Model Solar Village', emphasis has been made on creating one Model Solar Village per district across India, with the goal of promoting solar energy adoption and enabling village communities to become self-reliant in meeting their energy needs. A total financial outlay of ₹800 crore has been allocated for this component, providing ₹1 crore per selected Model Solar Village. In order to be considered a village under the competition mode, a village must be a revenue village with a population size above 5,000 (or 2,000 for special category states). The selection process involves a competitive mode where villages are assessed on their overall distributed renewable energy (RE) capacity installed on 6 months after the declaration of the potential candidate by District Level Committee (DLC). The winning village in each district, with the highest RE capacity, will receive a central financial assistance grant of ₹1 crore. The implementation of this scheme will be done by State/UT Renewable Energy Development Agency under the supervision of District Level Committee (DLC), ensuring that selected villages transition effectively to solar-powered communities, serving as models for other villages across the country. The Government of India approved the PM-Surya Ghar: Muft Bijli Yojana on 29th February 2024, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27. MyGov India Ministry Of Information & Broadcasting Ministry of New and Renewable Energy (MNRE) Panchayati Raj Department Solar Energy Corporation of India Limited Mirabilia Business Magazine #modelsolarvillage #muftbijliyojana #mirabiliabusinessmagazine

🤝 An agreement has been signed between Alternative Energy Promotion Center and Nuplast Industries Private Limited to support the installation of a 356.40 kW rooftop solar system in their factory premises at Simara, Madhesh Pradesh through the Interest Buydown Window of the Government of Nepal's Sustainable Energy Challenge Fund (SECF) in Asset Owned Business Model. This system will enhance the energy mix of the company, reduce day-time dependence on imported fossil fuel and save on the Energy cost. ☀ 🌞 Till now, 4.8 MWp projects are signed under the Asset Owned Model, thanks to SECF- a viability gap funding mechanism which has been increasing the engagement & investment of private sector in Renewable Energy/Technologies. 🌞   SECF is embedded within the Central Renewable Energy Fund (CREF), a financial mechanism of the Alternative Energy Promotion Center, which was established and operationalized with funding support from the UK in Nepal and technical assistance from Nepal Renewable Energy Programme (NREP). NREP is a Government of Nepal programme implemented by Alternative Energy Promotion Center and a consortium led by DAI and including Winrock International 🤝 #SolarEnergy #RenewableEnergy #Nepal

'Model Solar Village’ under PM-Surya Ghar: Muft Bijli Yojana ➡ Objective: Promote solar energy adoption and enable village communities to become self-reliant in energy needs. ➡ Component: -One Model Solar Village per district across India. -Financial outlay of ₹800 crore, providing ₹1 crore per selected Model Solar Village. ➡ Village Criteria: -Must be a revenue village with a population above 5,000 (or 2,000 for special category states). -Selected through a competitive mode based on overall distributed renewable energy capacity installed 6 months after being declared a potential candidate by the District Level Committee (DLC). ➡ Selection and Award: -The winning village in each district with the highest RE capacity receives a central financial assistance grant of ₹1 crore. ➡ Implementation: -Managed by State/UT Renewable Energy Development Agency under the supervision of DLC. -Aim to transition selected villages to solar-powered communities, serving as models for other villages. ➡ Broader Scheme Approval: -PM-Surya Ghar: Muft Bijli Yojana approved on 29th February 2024. -The objective is to increase solar rooftop capacity and empower households to generate their own electricity. -Total outlay of Rs 75,021 crore, to be implemented till FY 2026-27. #mnre #solar #renewable #energy #selfreliance #panchayat #village #district

ADB Approves $434 Million Loan to Boost Renewable Energy and Security in Assam, India The Asian Development Bank (ADB) has approved a loan of $434.25 million to enhance renewable energy capacity and bolster energy security in Assam, India. The Assam Solar Project will establish a 500 MW grid-connected solar photovoltaic (PV) facility in the Karbi Anglong district. Additionally, the project will implement a battery energy storage system through a partnership between the Assam Power Distribution Company Limited (APDCL) and the Oil and Natural Gas Corporation Ltd. Tripura Power Company Ltd., ensuring grid stability and addressing peak power demands. To encourage private sector investment in renewable energy, ADB will enhance the state’s public-private partnership (PPP) […] Read the full story here: https://lnkd.in/dpkqe-wg #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #adb #asia #assam #india #renewableenergy #renewableenergy #solarenergy #southeastasia

🌞 A major leap for sustainable energy! The Asian Development Bank (ADB) has approved a substantial $434 million investment to enhance Assam's solar energy infrastructure. This funding will drive the development of solar power generation and battery energy storage systems, significantly improving energy access and grid stability across the state. By promoting renewable energy, this initiative not only addresses Assam's energy needs but also contributes to India’s commitment to clean energy goals. A progressive step toward a greener future for all! 🌍⚡ Read Full News for More Information - https://lnkd.in/gtMVUqDR Explore Related Reports of Solar Energy for Market Information - Solar Photovoltaic (PV) Cell Market - https://lnkd.in/gNzikYqw Renewable Energy Certificate Market - https://lnkd.in/gNzikYqw #SustainableEnergy #SolarEnergy #CleanPower #RenewableEnergy #IndiaRenewables #GreenFuture #EnergyTransformation

Say Goodbye to High Energy Bills with Universal Solar! 🌞 Tired of rising energy costs? It's time to make the switch to solar power and start saving! With Universal Solar, you can enjoy: 💸 Significant Cost Reduction: Lower your monthly energy expenses. 🌍 Eco-Friendly Energy: Reduce your carbon footprint with clean, renewable energy. 🏡 Increased Property Value: Boost your home's market value with a modern solar installation. 🔋 Energy Independence: Produce your own electricity and reduce dependence on the grid. 🛠️ Low Maintenance: Benefit from reliable, low-maintenance solar panels. 💰 Long-Term Savings: Experience decades of savings on your electricity bills. ✨ Modern Technology: Enjoy the latest in efficient solar technology. 💼 Flexible Financing: Explore various financing options to fit your budget. 🌟 Battery Storage: Store excess energy for use during peak times or power outages. Ready to make the switch? Contact us today to learn more about how Universal Solar can help you save! ☀️📞 #UniversalSolar #Lahore #Pakistan #DHA #Askari #Gulberg #SolarSavings #RenewableEnergy #EcoFriendly #SolarPower #EnergyIndependence #SustainableLiving

"Sungrow Proudly Sponsors Upcoming Nepal Event in Collaboration with Solar Quarter! This strategic collaboration reinforces Sungrow's commitment to driving renewable energy growth in the region and showcasing our cutting-edge solar solutions. We look forward to connecting with industry professionals, sharing expertise, and fostering meaningful discussions on Nepal's solar future! Stay tuned for updates! #Sungrow #SolarQuarter #Nepal #RenewableEnergy #SolarEnergy #Sustainability"

Here are some updates in the solar industry in India ¹: - *Tata Power Solar Systems Ltd*: Partnered with Bank of India to offer easy financing options for rooftop solar installations and EV charging stations. - *Hi-Tech Pipes*: Aims to have 13.5 MW of renewable energy capacity for captive usage by December 2024, with an installed solar power capacity of 8.5 MW and plans to install another 5 MW gradually. - *JSW Neo Energy*: Secured a contract from SECI to develop a 500 MW ISTS-connected solar project with 250 MW/500 MWh of energy storage systems. - *ADB*: Approved $240.5 million in loans to support the expansion of rooftop solar systems in India. - *Tata Power Renewable Energy Ltd*: Partnered with NHPC Renewable Energy Ltd to install rooftop solar projects on government buildings under the PM Surya Ghar Yojna Scheme, targeting complete solarisation by 2025. - *Union Budget 2024*: Announced customs duty cuts on minerals for energy transition and initiatives for solar panels and Bharat Small Reactors. - *India's Solar Capacity*: Aims to boost solar capacity to 849 GW by 2032 from 399.5 GW in 2022, backed by the PM SuryaGhar program. - *Vedanta Aluminium*: Securing supplies of 1.3 GW of renewable energy - a mix of solar and wind power - from India's Serentica Renewables ². - #SolarEnergy - #RenewableEnergy - #IndiaSolar - #CleanEnergy - #Sustainability - #EnergyTransition - #SolarPower - #GreenEnergy - #IndiaRenewableEnergy - #SolarIndustry - #EnergyNews - #IndiaEnergy - #SolarUpdates - #RooftopSolar - #SolarPV - #EnergyStorage - #SmartGrids - #SolarManufacturing