Solar Power Capacity tops 10 GW
India is now part of a handful of countries with 10 GW or more of operational solar power capacity. The announcement of this milestone came from a research firm — Bridge to India — which states that utility-scale solar power capacity has crossed 9 GW while rooftop solar capacity has crossed 1 GW.
The report also mentions that India would soon become the third-largest solar power market in the world, after China and the United States, with a huge jump expected in the annual capacity addition from next year onward.
India is expected to add 8-10 GW of solar power capacity every year from next year. While the Indian government has set a target of adding 12 GW capacity between April 2016 and March 2017, Bridge to India expects this figure to be much lower at 5 GW.
While crossing the 10 GW installed capacity mark is a significant event in India’s power sector, the capacity addition rate in the solar power sector remains way below what is needed to achieve the ambitious targets set by the government.
Tags : ALLIED