28 June, 2016

India realising its solar dream


‘A move to set up 33 solar parks will help India achieve its target of 20 GW installed capacity from these big projects, which is one-fifth of the country’s ambitious target of 100 GW of solar power capacity by 2022’

Ever since India’s National Solar Mission was launched in 2010, the sector has been going from strength to strength. “India is expected to install over 4 GW of solar in 2016, which will bring it to the fourth spot globally.

Currently, it has a pipeline of over 21 GW under development and in pending auctions,” according to Mercom Capital Group Llc, a clean energy communications and consulting firm.

With the numbers playing out encouragingly, the role of solar parks will only bolster the sector. What are these parks all about? JNNSM, Guidelines for Development of Solar Parks, which was released by the Ministry of New and Renewable Energy (MNRE) in February this year, states, “The solar park is a concentrated zone of development of solar power generation projects and provides developers an area that is well characterised with proper infrastructure and access to amenities and where the risk of the projects can be minimised. Solar Park will also facilitate developers by reducing the number of required approvals.”

Read the India Climate Dialogue story - “India takes next step to realise solar dream.”

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