The Punjab Government has launched a draft version of its renewable energy policy, which aims to meet 21% of its power requirement through renewable energy by the year 2030. Punjab Energy Development Agency ( PEDA ) will be the designated implementation agency of this policy. The policy has set a target of deploying 3,000 MW of solar projects by 2030, which will include utility-scale, canal-top, rooftop, floating, and hybrid solar projects. Besides, the policy seeks to deploy a non-solar power generation capacity of 1,500 MW, which would include biomass, biomass and bagasse co-generation, and small hydro. The policy also aims to develop 500 MW of biofuel projects (based on biomass as the primary feedstock). Other targets include developing storage technology for renewable energy projects, promoting the use of electric vehicles, and solar charging stations. The policy, however, does not list targets for wind power projects as the potential for wind energy is low in the state. To boost the manufacturing of equipment used for solar generation such as cell, wafer, modules, and balance of system (BoS), the policy has provided exemption on state goods and service tax (SGST), electricity duty, stamp duty, and property tax. The policy has also […]
Punjab Renewable Policy Targets 3 GW of Solar Capacity by 2030

Latest Articles
New Prefab Homes Never Need To Be Connected To The Grid
Dvele is a manufacturer of prefabricated homes headquartered in Southern California. Building homes in a factory instead of onsite results in higher quality...
How To Solve Climate Change: Bill Gates Wants You To Know Two Numbers
The world’s fourth-richest person has a plan to save the planet from catastrophic climate change — and it's cheaper than you think. Matthew...
The Next Economy New Plastic Credit Market Calls for Brands to Play a Key...
Plastic credits are poised to generate the momentum necessary to launch a circular plastic economy and give brands the opportunity to act. In...
Casa Colorada merges luxury and sustainability
Homes like the incredible Casa Colorada prove that smart design can blend high-end style with sustainability. The home is named for the clay...
Autonomous short-haul delivery company Gatik unveils its first electrified box trucks
The company’s first new electric trucks will go into service this month at Walmart operations in New Orleans, with additional deployments expected in...
Denmark’s Braunstein Taphouse building is reusable and recyclable
With the potential threat of rising sea levels giving developers around the world a good reason to second guess ocean-adjacent construction, Adept Architecture...