Economy·

States adopt solar subsidies to offset power losses

Summary

  • States are introducing solar subsidies to reduce losses from subsidized power
  • The approach involves streaming additional subsidy as capital expenditure for rooftop solar installation
  • This method is being adopted by state governments to finance rooftop solar installations

Key Facts

  • · States are using solar subsidies to offset power losses
  • · Subsidy is being streamed as capital expenditure
  • · Rooftop solar installation is being financed through this approach

Why it matters

This approach helps states reduce financial losses from subsidized power while promoting renewable energy

#solar subsidies#renewable energy#state governments#power sector