Tags: Villa Solar Power Renewable Energy

3 FAQs about Villa solar power generation subsidy

Can residential sector avail a subsidy on solar panels?

The residential sector can only avail of Indian government social subsidiary schemes at their home or housing society. The subsidy on the solar panels is as per the guidelines of MNRE. The government aims to achieve a cumulative capacity of 40 GW of Rooftop Solar projects for the country by the year 2023.

What is the capital subsidy for solar power projects?

Along with the power purchase agreement, utility scale solar power projects, stand-alone battery systems and a storage system of more than 5 MW with a capacity of 4 hours, a capital subsidy of Rs 2.5 crore per MW has been given.

What happens if you fail to install solar water heating system?

Any developments that offend subsections 2 and 3 of paragraph 11, which fail to install the required solar water heating system or renewable energy utilization system shall be ordered to make corrections within a time limit and be fined 50,000 yuan to 500, 000 yuan.

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