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per watt in 2011 to USD 0.65 per watt today. xxi Module prices
have fallen globally largely due to a condition of acute oversupply.
Against global demand for 30-35 GW of solar power in 2012,
available module supply was 50-60 GW, most of it from China. xxii
6. International Energy Agency estimates that the 300 million
people without access to electricity in India spend over $60
billion annually on inefficient and obsolete sources of energy
like kerosene. This indicates there is a willingness to pay even
amongst the poor. xxiii
7. Moreover, decentralised renewable
energy is already a billion dollar market in
India. According to the World Resources
Institute, the off-grid energy access
market in India lies mostly amongst the
114 million poorest households of the
country that earn less than $2 a day.
Decentralised renewable energy holds an
annual market of $2.4 billion and the solar
home lighting market is estimated to be
around $27.4 million. xxiv
What are the subsidies available to renewable
energy users?
Sr. No. Name of the Product Cost Range(in Rs.) MNRE Subsidy(in Rs.)
1. Solar Water Heating Systems (2 Sq. Meters) 13,000 – 20,000 6000 – 6600
2. Solar Cookers
a)Box Type Solar Cooker
b)Dish Type Solar Cooker
c)Scheffler Dish Cooker
a) 3,500 to 4,200
b) 6,500 to 8,000
c) 15,000 to 20,000
30% of the product cost
(Maximum).In Special
Category States
60% of the product cost
(Maximum)
3. Solar Home Lighting Systems 11,000 – 15,000
4. Solar Street Lighting Systems 17,000 – 22,000
5. Solar Lanterns 1700 – 3000
6. Solar Pumps 1,70,000 / kW
7. Family Type Biogas Plants (2 Cubic m) 20,000 to 25,000
8. Small Wind Turbines for off-grid
applications
2,00,000 / kW 8,000 to 14,700 (depending
upon location)
9. Water Mills 70,000 – 80,000 35,000
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MEDIA MANUAL | Introduction: Decentralised Renewable Enregy