Gujarat's latest solar policy, the Renewable Energy Policy-2023,

Gujarat's latest solar policy, the Renewable Energy Policy-2023,

Gujarat's latest solar policy, the Renewable Energy Policy-2023, focuses on accelerating the state's transition to clean energy by encouraging various types of solar projects, including rooftop, floating, and canal-based systems. 

 The policy aims to achieve 50% renewable energy capacity by 2030 and anticipates investments of around Rs. 5 lakh crores. It promotes solar parks, open access to solar power for businesses, and provides incentives for rooftop solar adoption. 

Here's a more detailed breakdown:
Key Features of the Policy:
Scope:-
Covers all major renewable energy sources, with a focus on wind, solar, and wind-solar hybrid technologies. 

Target:-
Aims to achieve 50% of the state's energy capacity from renewable sources by 2030.
 
Investment:-
Anticipates investments of approximately Rs. 5 lakh crores in the renewable energy sector. 

Land Utilization:-
Plans to utilize approximately 4,00,000 acres of land for renewable energy projects. 

Project Types:-
Encourages various solar projects including ground-mounted, rooftop, floating, and canal-top solar projects. 

Incentives:-
Provides incentives for rooftop solar adoption, open access to solar power, and streamlined approval processes. 

Solar Parks: -
Promotes the development of solar parks to attract private investments. 

Net Metering and Banking:-
Facilitates net metering and energy banking for consumers to offset their electricity bills and carry forward unused solar credits.
 
Banking Charges:-
Applies banking charges for solar energy consumption, with specific rates for different consumer categories. 

Surplus Energy:-
Provides for the purchase of surplus energy from consumers at specified rates. 
Specific Provisions:
Rooftop Solar:-
Encourages rooftop solar installations on residential, commercial, and industrial buildings. 
Open Access:-
Allows businesses and industries to directly purchase solar power from producers. 
Simplified Procedures:-
Streamlines the approval and connection procedures for solar projects. 
Land Availability:-
Offers government land and encourages the use of private land and water bodies for solar projects. 
Surya Gujarat Scheme:-
Provides relief in electricity bills for residential consumers through rooftop solar installations. 
Suryashakti Kisan Yojana:
  Allows farmers to set up solar panels on their farms and export surplus energy. 
Policy Duration:-
The policy is operative until September 30, 2028, with benefits applicable for 25 years from the commissioning date or the lifespan of the project. 

MJF Lion ER YK Sharma 

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