Published on June 22nd, 2015 | by Smiti18
India Achieves 4 Gigawatts Installed Solar Power Capacity
June 22nd, 2015 by Smiti
By the end of this year India may break into the top 10 solar power markets, in terms of installed capacity, as the South Asian giant has now crossed 4 GW of installed solar power capacity.
India’s Ministry of New & Renewable Energy (MNRE) has reported that the country now has an operational solar power capacity of over 4 GW, with a significant jump caused by direct contributions from the country’s National Solar Mission.
According to the data reported by MNRE, Rajasthan has now overtaken Gujarat as the state with the largest installed solar power capacity. Installed capacity in Rajasthan increased recently following commissioning of several projects under the National Solar Mission. Rajasthan now has an installed solar power capacity of 1.16 GW, or 29% of the total solar power capacity installed in the country. Gujarat has a share of 25% with 1 GW installed capacity. These two states have pioneered the development of solar power projects in India, with Gujarat’s solar power policy predating the National Solar Mission, while several projects commissioned in Rajasthan also pre-date the first auction under the National Solar Mission. However, Rajasthan remains a laggard in the capacity installed under the state policy as several of its early projects were absorbed under the central government’s National Solar Mission. Gujarat, which had led all Indian states in terms of installed capacity for years, benefited from its over 200 MW solar power park.
Other states, however, have started adding significant capacities as projects auctioned under their state policies become operational. Madhya Pradesh, home to India’s largest solar power project developed by a single company, holds the second position in terms of installed capacity under state policy. And with 564 MW installed capacity it contributes 14% to India’s total installed solar power capacity.