nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Indian govt announces highly ambitious solar energy target

sunflag-indiaIndia Sets Target Of 48 GW Solar Power Capacity By March 2019, Clean Technica April 23rd, 2016 by   Originally published on PlanetSave.

Highly ambitious annual solar power capacity addition targets have been announced by the Indian Ministry of New & Renewable Energy.

With a target to have an operational solar power capacity of 100 GW by March 2022, the Indian government has announced annual capacity addition targets for the next few years. The Ministry of New & Renewable Energy (MNRE) plans to add 15 GW and 16 GW solar power capacity in the financial years 2017-18 and 2018-19, respectively.

In the current financial year, the government targets an addition of 12 GW solar power capacity. If this target is achieved, India’s installed solar power capacity will cross 17 GW by the end of March 2017. By early March this year more than 5.7 GW of solar power capacity was operational in India…….

India is also in talks with development banks like the Asian Development Bank, International Finance Corporation, KfW, the Japan International Cooperation Agency, and the New Development Bank to access cheap debt finance for setting up solar power projects. https://cleantechnica.com/2016/04/23/101231/

Advertisement

April 25, 2016 - Posted by | India, renewable

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: