** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

India achieves 20,000 Mw solar capacity milestone years ahead of target

 India has achieved a milestone target of 20 GW in cumulative solar installations in eight years. The National Solar Mission had initially set the target of 20 GW (giga watt) installed capacity by 2022. This has been achieved four years ahead of time.

 The achievement comes on the back of a major renewable energy push by Modi government, which after coming to power in 2014 had scaled up the target to 100 gw of solar capacity by 2022.


For the first time, solar was the top source of new power capacity additions in India during the calendar year 2017, with preliminary figures showing solar installations reaching 9.6 gw in this period and accounting for 45% of total capacity additions.

.
But the country has reached the milestone at a time when protectionist measures threaten to slow down activity in the industry.

"The government's revised solar installation target of 100 gw by 2022 has recently been clashing with PM Modi's 'Make in India' initiative to promote domestic manufacturing. The recommendation for 70% safeguard duty on (solar panel) imports, the ongoing anti-dumping case, and a 7.85% port duty on imported modules are together creating an atmosphere of regulatory uncertainty that is taking a toll on the industry and slowing down installation activity," the Mercom report quoted CEO Raj Prabhu as saying.


Disclaimer
Copyright © 2018 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us