The program aims to benefit consumers including residential, schools, hospitals, and municipal segments with an expected aggregated demand of 40 Megawatt using the Renewable Energy Service Company (RESCO) mode
New Delhi: In a bid to increase the adoption of clean energy, the Delhi government is planning to launch Solar Rooftop Demand Aggregation Program for domestic customers. The program aims to benefit consumers including residential, schools, hospitals, and municipal segments with an expected aggregated demand of 40 Megawatt using the Renewable Energy Service Company (RESCO) mode.
The Energy Efficiency and Renewable Energy Management Centre (EE&REM) under the Delhi government’s pwoer department today organized a consultation workshop with stakeholders on the program for promotion of solar rooftop projects and understand the opportunities and challenges in aggregating the consumer demand.
The workshop deliberated on the government’s support for developing payment security mechanism in facilitating easy loans from financiers and potential barriers limiting market transformation, generation based incentives, among others.
“The residential sector is a key component in an urban setup like Delhi, and we are exploring ways and means to make it easy for this sector to adopt rooftop solar. The RESCO model enables this by minimizing capital expenditure for homeowners and RWAs. The Government of NCT of Delhi’s aim is to generate 1000 Mw by 2020 and 2000 Mw by 2025 through Rooftop Solar Installations,” said Satyendra Jain, Power Minister, GNCTD of Delhi.
Key stakeholders including the lenders — NBFCs, Banks and financial institutions — and vendors attended the workshop apart from regulators and policy makers.
Source: energy.economictimes.indiatimes
