This documents is prepared based on draft guide lines issued by MNRE for selection of 750 MW New grid connected Solar Power projects Under JNNSM Phase-II, Batch-I and may undergo changes.

Photovoltaics is becoming increasingly inex­pensive. In contrast, the prices for electricity from conventional power plants are climb­ing. This is making the solar farm market segment progressively more lucrative for fi­nancially strong investors. Photovoltaics of­fers a profitable, long­term investment with comparatively low risk.

The state of Tamil Nadu is rich in renewable energy (RE) sources, especially wind and solar. Currently, approximately one-third of the country’s installed RE capacity exists in Tamil Nadu alone.

Tamil Nadu government has announced this policy for the state with an aim of generating 1,000 Mw of solar power every year from 2015, setting up of solar energy parks along with incentives for solar power producers and equipment manufacturers.

This new report released by the Natural Resources Defense Council (NRDC) and the Council on Energy, Environment and Water (CEEW) shows that concentrated solar power can play an essential role in achieving a secure and diversified energy future for India.

The solar heating and cooling (SHC) roadmap outlines a pathway for solar energy to supply almost one sixth (18 EJ) of the world’s total energy use for both heating and cooling by 2050. This would save some 800 megatonnes of carbon dioxide (CO2) emissions per year; more than the total CO2 emissions in Germany in 2009.

This new report provides a comprehensive overview of renewable energy market, industry and policy developments worldwide. At least 118 countries, more than half of which are developing countries had renewable energy targets in place by early 2012, up from 109 as of early 2010.

Concentrating Solar Thermal power (CST) has a tremendous potential for scaling up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change.