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Solar Energy Projects Set To Shine In India
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India’s ambition to become a global leader in solar power generation may soon become a reality, with all major states now having a solar policy in place, with Maharashtra being the latest to join this growing list.
According to the Ministry of New and Renewable Energy, solar energy has the highest potential among all the various renewable energy resources in the country. In most parts of India, clear sunny weather is experienced 250-300 days a year.
The annual radiation varies from 1600 to 2200 kWh/m2, which is comparable with radiation received in the tropical and sub-tropical regions. The equivalent energy potential is about 6,000 million GWh of energy per year.
The National Action Plan on Climate Change also points out: “India is a tropical country, where sunshine is available for longer hours per day and in great intensity. Solar energy, therefore, has great potential as future energy source. It also has the advantage of permitting the decentralized distribution of energy, thereby empowering people at the grassroots level”.
With the objective to establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country as quickly as possible, the central government has also launched the National Solar Mission.
The National Tariff Policy was amended in January 2011 to prescribe solar-specific RPO be increased from a minimum of 0.25% in 2012 to 3% by 2022. CERC and SERCs have issued various regulations including solar RPOs, REC framework, tariff, grid connectivity, forecasting etc. for promoting solar energy.
In view of the ongoing efforts of the government and various agencies for promoting solar energy, the Ministry of New and Renewable Energy has undertaken an exercise to track and analyze the issues in fulfillment of Solar Power Purchase Obligation and implementation of Solar REC framework in India.
This would help various stakeholders to understand the challenges and opportunities in the development of solar power. It would also include monitoring of Solar RPO Compliance; analyzing key issues related to the regulatory framework for solar in various states of India.
In the past few years major Indian states like Rajasthan, Gujarat and Madhya Pradesh have become the frontrunners in promoting the cause of solar power generation in the country by unveiling industry-friendly solar policies, offering various incentives including cheap land for those setting up units there.
While Rajasthan has already raced ahead of erstwhile category leader Gujarat in terms of its solar power generation capacity, growth has been hindered to a certain extent by the state’s huge discom debt. Gujarat’s solar power capacity is low, since like Madhya Pradesh it’s a power surplus state.
With India embarking on an ambitious programme to become a world leader in renewable power generation, the development of solar power generation facilities pan-India has become critical to promote the cause of clean energy in the country.
Welspun Renewables is on a mission to power a Green India and help meet her growing energy requirements in an efficient, environment-friendly manner.
Nikhil Mehra says, India’s solar power generation capacity is set to receive a major boost with states like Rajasthan, Gujarat & Madhya Pradesh emerging as frontrunners in this segment.
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