Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

India Adds 500 MW Solar Power Capacity In 6 Months

Originally published on Solar Love.

The rate at which solar power plants in India are coming online seems attractive enough for investors to continue to pour in money into the sector.

According to the latest figures shared by the Ministry of New & Renewable Energy (MNRE), more than 500 MW solar power capacity was added in the country between April and September, which marks the first half of the financial year 2015-16.

The capacity addition continues to be dominated by the central government’s schemes, however, that will not be the case for too long. About 54% of the capacity was added under the National Solar Mission scheme. This 281 MW capacity is part of the auction carried out under the previous government. These projects were allocated under the Batch I Phase II of the scheme where developers were provided subsidies for capital investment.

Nearly three-fourths of the 281 MW capacity was commissioned in Rajasthan where most of the project developers had expressed interest in setting up projects during the bidding process. Other projects where projects under the national solar mission have been commissioned include Madhya Pradesh (40 MW), Maharashtra (15 MW), Tamil Nadu, and Karnataka (10 MW each).

Under the state solar power policies, Madhya Pradesh led the pack with 45 MW capacity commissioned. The state was followed by neighboring Chhattisgarh and Andhra Pradesh. More capacity is expected to be commissioned in Andhra Pradesh over the next few months, and years! 

Under the Renewable Energy Certificate scheme, only 32 MW capacity was commissioned. The scheme is not as popular among the developers as it used to be few years back, as the price of certificates has been reduced significantly by the regulatory body.

Rooftop solar power segment is lagging behind all others with just 10 MW capacity addition. The government is facing an uphill task to meet its medium-term target to achieve 40 GW installed rooftop solar power capacity by March 2022.

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

An avid follower of latest developments in the Indian renewable energy sector.

Comments

You May Also Like

Clean Power

Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in...

Clean Power

Private equity investment firm KKR has announced plans to acquire a stake in a budding renewable energy platform in India.  The firm will reportedly...

Batteries

  In Delhi, India, Gogoro Inc. and Zypp Electric have announced a strategic B2B initiative and partnership that will accelerate the urban shift of...

Clean Transport

While European, East Asian, and American EVs get a lot of attention, we have to remember that there’s a wider world out there, and...

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.