Solar Power Prospects In India

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.

Solar power prospects in india.

In utility grid power for both solar pv and solar thermal including rooftop it targets 1 000 2 000 mw by 2013. The india government is adopting constructive steps towards executing large solar power parks. Two large scale floating solar tenders with a total capacity of 75 megawatt mw have been issued by nhpc and nhdc. 4 000 10 000 mw by 2017.

Recent reports revealed that india receives annual radiation of more than 5000 trillion kwh which if potentially gripped by the. 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. Prospects and challenges of solar power in india bibekbandyopadhyay jdjadavpurui iuniversity. 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.

The indian government had an initial target of 20 gw capacity for 2022 which was achieved four years ahead of schedule. 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. Tamil nadu gujarat rajasthan telangana maharashtra and madhya pradesh are the top states of india with largest solar power generation facilities and solar parks. Solar power in india is a fast developing industry.

On 11 august nhdc issued a 25 mw floating solar tender for design engineering procurement. India has the lowest capital cost per mw globally of installing solar power plants. These states are also the top five states in india with highest wind electricity generation. 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.

And 20 000 mw by 2022. The country s solar installed capacity was 35 122 mw as of 30 june 2020. In 2015 the target was raised to 100 gw of solar capacity. National solar mission targets year.