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Solar Energy in India, Ministry for New and Renewable Energy is working…
Solar Energy in India
India’s Solar Policy
Under the scheme, the total installed capacity target was set as 20GW by 2022
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India among the peers
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Cumulative solar installed capacity of India is 55GW,
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India currently ranks fifth after China, U.S., Japan and Germany
Why in news?
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Thus, it is in rooftop solar that the challenges of India’s solar-adoption policy stick out
In 2022, 15.8GW from utility-scale and 3.5GW from rooftop solar
50% of the 100GW target, consisting of 60GW of utility-scale and 40GW of rooftop solar capacity, has been met
What is Solar Rooftop?
In 2015, the government launched the first phase of the grid-connected rooftop solar programme to incentivise its use in residential, institutional and social areas
Second phase, approved in February 2019, had a target of 40GW of cumulative rooftop solar capacity by 2022,
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Way forward
Declining cost of storage solutions, along with that of rooftop solar solutions
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Rooftop solar plus storage, rather than rooftop solar alone with the grid as storage (net / gross metering)
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Ministry for New and Renewable Energy is working towards increasing the production of solar modules in the country, with the goal of making India a net exporter of solar modules by 2026.