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India's solar surge: A look at ambitious plans, actual progress, and funding trends

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The period from 2013 to 2022 witnessed significant growth in India’s solar energy capacity, with production surging from 1.60 GW in 2013 to 63.15 GW in 2022.... In Short India's solar capacity increased from 1.60 GW in 2013 to 63.15 GW in 2022 51 solar parks with a total capacity of 37.74 GW sanctioned across India by 2023 PM Modi predicts significant growth in India's solar energy securing his address at the India Today Conclave, Prime Minister Narendra Modi outlined ambitious plans for the next five years, particularly in solar energy. He expressed confidence that India's solar energy capacity would reach unprecedented levels in the coming years. But is that assertion grounded in reality? India Today’s Data Intelligence Unit analysed the data and found that between 2013 and 2022, there was significant growth in India’s solar energy capacity. Starting from 1.60 GW in 2013, the country's maximum net generating capacity steadily rose, reaching 63.15 GW by 2022.        Gl