PGCIL Aims To Become Net Zero Energy Company

- Advertisement -

To become a net zero energy company, the Power Grid Corporation of India Limited (PGCIL) is all set to install 5 MWp rooftop PV systems at more than 50 locations of the company across the country.

Image for representation purpose only

According to PTI, the Power Grid Corporation of India Limited (PGCIL) is setting up 5 MWp rooftop solar PV systems at more than 50 locations of the company across the country. Right now it has more than 500 kWp solar PV systems operational at different premises. 

Before Independence Day, it is expected to install another 140 kWp at sector 43 and 46, Gurugram (Haryana), generating 7-8 million units per annum. PGCIL’s these efforts are all due to becoming a net zero energy company. 

- Advertisement -

As per Mercom, most of the rooftop installations are taking place in the government, industrial and commercial sectors and its pace is very slow as per the target set by the government. As of Q1 2018, only 2 GW of solar rooftop solar has been installed out of 40 GW target set by the government for 2022. 

There is almost negligible growth in residential rooftop market. The main reason for this is poor financial options for residential customers. According to Mercom’s previous reports, another reason is the delays in subsidy disbursement. 

According to India’s Solar Market Leaders recently released report, the top 10 rooftop solar developers in India accounted for 27 percent of rooftop solar PV installations. The top solar power installer in 2017 was Tata Power followed by CleanMax and Fourth Partner Energy.

- Advertisement -

Most Popular Articles

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

Buzz

Semiconductor Revolution: Cadence Empowers Bhutan’s VLSI Future!

0
Exclusive Partnership with Bhutan's Top College Signals a Game-Changer in Semiconductor Training. Cadence Design Systems has embarked on a transformative educational partnership with the College...

Saudi Arabia Targets Lithium For EV Goals

0
Saudi Arabia has begun investigating techniques to extract lithium from seawater and saline byproducts of oil production, working in partnership with Aramco. The outcomes...

BluSmart Hits $60 Million Annual Run Rate

0
The fleet operator has achieved a 102% annual run rate increase compared to the previous year, growing from USD 30 million in FY23 to...

Important Sectors

Above 1 Cr EVs in India: Which One Would You Pick?

0
An Informed Look At Super Luxury EVs Available In India. As you move up, it starts getting lonelier! The same seems to be true with...

Saudi Arabia Targets Lithium For EV Goals

0
Saudi Arabia has begun investigating techniques to extract lithium from seawater and saline byproducts of oil production, working in partnership with Aramco. The outcomes...

BluSmart Hits $60 Million Annual Run Rate

0
The fleet operator has achieved a 102% annual run rate increase compared to the previous year, growing from USD 30 million in FY23 to...

SOA Collaborates With Kaynes Semicon

0
This collaboration aims to meet the increasing demand for skilled professionals in the field, leveraging the expertise of Perceptive Solutions.  Siksha ‘O’ Anusandhan Deemed to...

StoreDot And Polestar Unveil First 10-Minute EV Charge

0
A 77kWh battery pack featuring StoreDot’s ultra-fast charging high-energy (300Wh/kg) silicon-dominant cells was successfully charged from 10% to 80% in less than 10 minutes...

Manufacturing

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...