Consumers and producers of solar power – known as prosumers – in Goa are set to receive a 20% subsidy, rather than an interest-free loan, following changes to the 2017 Goa State Solar Policy. Aimed at prosumers whose solar installations took place after 21 December 2017, the amendment offers a 30% central share subsidy, credited as per Ministry of New and Renewable Energy guidelines, and a 50% state share released six months after the solar power is added the grid.
Consumers and producers of solar power – known as prosumers – in Goa are set to receive a 50% subsidy, rather than an interest-free loan, following changes to the 2017 Goa State Solar Policy. Aimed at prosumers whose solar installations took place after 21 December 2017, the amendment offers a 30% central share subsidy, credited as per Ministry of New and Renewable Energy guidelines, and a 20% state share released six months after the solar power is added the grid.