Thursday, October 8, 2015

Majority of India's 13 GW solar projects to wrap up by early 2017





India currently has 13 GW of solar projects in progress, most of which are to be hooked to the grid by end-2016 or the start of 2017, according to estimates by consultancy firm Bridge To India.
The calculations include both photovoltaic (PV) schemes with secured power purchase agreements (PPA) and projects for which tenders have already been signed. In other words, the country may triple its installed solar capacity in just one year, putting it among the leaders on the global market.
Over 8.8 GW of the capacity falls under the state solar policies of Telangana, Tamil Nadu, Andhra Pradesh and Karnataka alone. In turn, central allocations such as the second phase of the National Solar Mission programme are responsible for 3.6 GW.
The fight against growing power deficits and limited power transfer from other regions have pushed South India in the leading position in terms of solar development. Nearly half of the cumulative solar capacity planned for 2017 will be in four southern states, namely Telangana, Andhra Pradesh, Tamil Nadu and Karnataka. This means that they could surpass the current leaders Rajasthan and Gujarat.
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