Solar Power Prospects In India

India s floating solar power market is witnessing a flurry of activity with major tenders being issued by public sector undertakings psus in the past two to three months.

Solar power prospects in india.

Karnataka is one of the leading states in india in the effective harvesting of electrical power from renewable energy sources particularly from solar and wind energy. Prospects and challenges of solar power in india bibekbandyopadhyay jdjadavpurui iuniversity. India has the lowest capital cost per mw globally of installing solar power plants. India which falls in a tropical region has tremendous potential for solar energy power generation and so it looks to position itself as one of the world s major solar power producers in the coming years.

In 2015 the target was raised to 100 gw of solar capacity. Solar plants in india mw 2010 35 mw 2011 190 mw 2012 980 mw 2013 1000 mw expected 1 mw spv crystalline silicon power plant at new delhi solar rpo arrangement 1 mw spv plant at hissarin haryana. Solar power in india is a fast developing industry. The solar power industry in india has immense prospects to grow as the production of solar energy in our country is at a high rate due to multiple factors and geographical location in the tropics being one of them.

4 000 10 000 mw by 2017. National solar mission targets year. The india government is adopting constructive steps towards executing large solar power parks. India is one of the few country in the world with highest solar electricity production per watt installed solar power in india is the fastest growing industry and continuing to develop the electricity with solar power projects in tamil nadu rajasthan gujarat and maharashtra.

So far as solar energy sector is concerned the jawaharlal nehru national solar mission jnnsm launched by the centre is targeting 20 000 mw of solar energy power by 2022. Solar power in india is one of the most and fast developing industry along with wind energy expanded its solar generation capacity 8 times in last five years. Recent reports revealed that india receives annual radiation of more than 5000 trillion kwh which if potentially gripped by the. The indian government had an initial target of 20 gw capacity for 2022 which was achieved four years ahead of schedule.

And 20 000 mw by 2022. Tamil nadu gujarat rajasthan telangana maharashtra and madhya pradesh are the top states of india with largest solar power generation facilities and solar parks. These states are also the top five states in india with highest wind electricity generation. On 11 august nhdc issued a 25 mw floating solar tender for design engineering procurement.