Solar News

Join 1000’s of people greeing their lives every week in the UK

GreenBuildingAdvisor Logo EcoOnline Logo EcoWatch Logo Huffpost Logo Clean Technica Logo Energy Saving Trust Logo lifehacker Logo

India Aims For 30 GW Of New Renewable Energy By 2017

Written By:

Published on:

India has been on the eye of solar enthusiasts and insiders for a long time. It has excellent solar resources, a large population in need of reliable electricity, and the country’s leaders have been talking about solar for awhile. Actually, India and some of its individual states have incorporated some strong solar policies. Unfortunately, the political system and economy there are not at the level of many other countries, including neighbor China, limiting what has been achieved. Nonetheless, the future looks bright.

Most recently, the Indian Ministry of New and Renewable Energy (MNRE) has formulated an energy roadmap aimed at adding 30 GW of renewable energy capacity by 2017, with solar as a significant portion of that. MNRE intends to get India’s solar capacity up from 2 GW to about 10 GW by 2017.

To put all this into a bit of perspective, about 30 GW of solar power were installed worldwide in 2011, and then again in 2012.

Also, to date, India has only 27 GW or so of renewable energy capacity. Nonetheless, it added 12,437 MW of those from 2009 through January 31, 2013.

The government of India noted on March 11 that it is “giving various fiscal and financial incentives, such as capital/interest subsidy, accelerated depreciation, concessional excise and customs duties to promote power generation from new and renewable energy sources. Among the other steps taken to promote power generation from alternative sources of energy include preferential tariff for purchase of power generated from renewable sources, introduction of Renewable Energy Certificates and Renewable Purchase Obligation.”

The roadmap in which the country has expressed its 30 GW target is the country’s 12th. It is for the period 2012–2017.

Written By

Zachary Shahan Photo

Zachary Shahan

Zach is the founder of Solar Love and the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009.

Capital house
61 Amhurst Road
E8 1LL

0800 234 3036