SOLAR CAPACITY SET TO CROSS 20 GW IN THE NEXT 15 MONTHS, SAYS PIYUSH GOYAL:

As per Mr Piyush Goyal, India’s installed solar capacity is going to cross the 20 GW mark from the current 19 GW capacity by 2020. The reason for this estimated increase has been attributed to the fact that Make in India is no more in its nascent stage. Now, India can support majority of its financial and technological needs for increasing its renewable energy capacity. The proof of the same is the drastic reduction in the cost of solar power to an extent that it is comparable to the cost of thermal power. India’s capacity increased four times since the past 3 years when it reached the 10 GW mark in March this year. In May 2014, the capacity was 2,650 MW. The same has been covered in our previous blog.

The Deccan Chronicle article can be accessed here.

INDIA’S SOLAR CAPACITY CROSSES 10 GW:

As per the article in DNA India, the New and Renewable Energy Minister, Piyush Goyal, declared that India has crossed 10,000 MW of solar energy on the 12th of this month and has increased more than three times in the last three years. This milestone coincided with the commissioning of 45 MW solar power project in Rajasthan by National Thermal Power Corporation (NTPC).

This is in concurrence with the proposed goal that India has of installing 100 GW of solar capacity 2022 and its renewable energy capacity to 175 GW.

MNRE’s RENEWABLE ENERGY TARGETS AMBITIOUS AND UNATTAINABLE WITHOUT COOPERATION FROM STATE GOVERNMENTS

As reported by The Hindu the Ministry of New and Renewable Energy (MNRE) has set the targets for solar and wind capacity additions for this year to 12,000 MW and 4,000 MW respectively. This comes as a surprise since the achievement till October for the same has been 1750 MW and 1502 MW respectively. Although these targets are ambitious, they are achievable as per the industrial players only if the lack of seriousness shown by the state government towards promotion of renewable energy decreases.

As per the article, the state governments are not on board. All the energy producers face a plethora of problems such as high prices and cross subsidy surcharges (CSS). Also, some state authorities such as that of Maharashtra make it more difficult for the private producers to sell electricity. States such as Tamil Nadu allow net metering only for individual houses and not for educational institutes and factories. This goes against the intentions of the Government of India to see 40,000 MW of rooftop plants by 2020.

Co-founder and director of REConnect Energy Solutions, Vishal Pandya, made the following observation about the scenario “Whether it is open access or rooftop or enforcement of renewable purchase obligations, the intent on the part of the state machineries seems completely missing”.

MNRE Notifies Year-wise Targets to Achieve the 100GW Solar Capacity

The New and Renewable Energy Ministry (MNRE) has notified a resolution on 6th July, 2015, which defines the Year-wise targets, so as to achieve the 100GW solar Capacity in next 7 years (I.e. by FY 2021-22).

The Ministry has stated that out of total 100GW solar energy target, 40GW solar capacity will be achieved through the Solar Rooftop system installations, while the remaining 60GW will come through medium and large scale grid connected solar power projects including projects in the solar parks.

The Year-wise targets defined to accomplish the targets of 100GW solar power is provided in the graph below:

The resolution also states that the three separate schemes supported by Government of India for capacity 19200 MW with financial allocation of 15050 crore will be launched, and MNRE may issue a detailed action plan for achieving the targets.

The MNRE Resolution can available here.

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