Renewable energy india | Welspun Renewables

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Title Can Solar Energy In India Target Be
Achieved?

• With multiple solar projects in India set to take
  off, India is set to almost double the generation
  capacity targets in the ongoing financial year
  and also exceed its target of contributing an
  additional 1.8 GW of extra capacity during this
  year. As per statistics, India will end the
  present financial year with total solar power
  generation capacities of an impressive 6 GW. In
  February 2015, operational capacity stood at just
  5 GW for India. Performance of solar PV plants
  developed under the aegis of the National Solar
  Mission has exceeded expectations as well. This
  should boost the ministry of new and renewable
  energy (MNRE) that is targeting an addition of
  100 GW of solar power by the year 2022 as part of
  the National Solar Mission. The Solar Mission had
  targeted an addition of 1.8 GW for the fiscal
  year which would take total capacity to
  approximately 5.5 GW. For the 2016-17 fiscal, the
  country has a target of 7.2 GW in extra capacity
  while this should go up to 10 GW for the 2017-18
  fiscal.

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• Rooftop solar projects should add 40 of the 100
  GW targeted by the year 2022 while 57 will be
  added through solar farms and other big ticket
  projects. This capacity addition will also
  encompasses solar thermal plants and dry or
  photovoltaic plants. Most installations till date
  have been created with the help of photovoltaic
  (PV) technology which does not require high
  maintenance owing to fewer moving components. The
  target of the National Solar Mission for the
  first year will be met due to several solar
  projects in India that have been kick started by
  private organizations.

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• Rajasthan is the leader in terms of overall solar
  power generation capacity in the country with
  1.26 GW while Gujarat and Madhya Pradesh come
  second and third with 1 GW and 0.7 GW
  respectively. Maharashtra and Andhra Pradesh
  follow with 378 MW and 253 MW respectively.
  Andhra Pradesh should take second position in the
  next fiscal since it has already sanctioned
  subsidies for 3, 500 MW capacity from the Centre.
  Subsidies are also being given by the Government
  to big solar parks to the tune of INR 20 lakh per
  MW. The costs involved in building solar parks is
  approximately INR 5 crore which is one of the
  lowest globally. This has certainly contributed
  towards helping India meet the ambitious National
  Solar Mission target for this year and stay on
  course to meet the next batches of targets.
• Welspun IPP is a leading player when it comes to
  solar and wind energy and has already developed a
  path breaking 151 MW plant at Neemuch. The
  company aims at being one of the frontrunners of
  Indias growth strategy in the sector.

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Awards

• GLOBAL SOLAR ENERGY LEADERSHIP AWARD 2015

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