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

-

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.
 
     Globally, India has emerged as a significant player in renewable energy, ranking fourth in total renewable power capacity additions and fifth in solar power capacity. From 2014 to 2024, India also saw an expansion in its installed capacity for energy generation, increasing from 3.74 GW in FY 2014-15 to 74.31 GW in FY 2023-24 (till January). India has a projected target of achieving 500 GW of installed capacity from non-fossil fuel sources by 2030.
     A total of 51 solar parks were sanctioned across various states in India, with a combined capacity of 37.74 GW by 2023. Among these, Gujarat emerged at the forefront with seven sanctioned parks, amassing 12.15 GW in sanctioned capacity, notwithstanding its high allocation. Yet, the commissioned projects amounted to only 0.9 GW.

“Sanctioned capacity” denotes the maximum power generation capacity officially endorsed or authorised for a specific project or initiative, while “projects commissioned” refers to the operational portion of the sanctioned capacity successfully executed and currently functioning.


Contact for more details:- +91 9111253999, 8989123813


Location: Indore, Madhya Pradesh, India

Comments

Post a Comment

Popular posts from this blog

Indore Sunlight: Your Gateway to Energy Independence and Savings.

-
Image
 Are you tired of soaring electricity bills and concerned about the environment? Indore Sunlight offers a sustainable and cost-effective solution: solar panel installation. With abundant sunshine and favourable government incentives, Indore is the perfect place to harness the power of the sun. Benefits of Installing Solar Panels in Indore Reduced Electricity Bills: Enjoy substantial savings on your monthly electricity costs. Energy Independence: Become less reliant on the grid and take control of your energy consumption. Increased Property Value: Installing solar panels can increase the value of your property. Environmental Impact: Contribute to a cleaner and greener future by reducing your carbon footprint. Government Incentives and Subsidies Indore offers various government incentives and subsidies to encourage the adoption of solar energy. Our team will help you navigate these programs and maximize your savings. Choosing the Right Solar Panel Installer When selecting a ...
Read more

इंदौर सनलाइट के साथ सोलर पैनल: स्थायी ऊर्जा की दिशा में एक स्मार्ट कदम

-
Image
  इंदौर सनलाइट के साथ सोलर पैनल: स्थायी ऊर्जा की दिशा में एक स्मार्ट कदम इंदौर, जो सूर्य नगरी के नाम से भी मशहूर है, सौर ऊर्जा के उपयोग के लिए एक आदर्श स्थान है। अगर आप बढ़ते बिजली के बिलों से परेशान हैं, तो सोलर पैनल एक स्थायी और किफायती समाधान हो ते हैं। इंदौर सनलाइट के साथ सोलर पैनल लगाने के अनेक फायदे हैं: बिजली के बिलों में कमी: सोलर पैनल अपनी खुद की बिजली उत्पन्न करते हैं, जिससे आपकी बिजली कंपनी पर निर्भरता कम होती है। इससे आपके बिजली के बिलों में 50% तक की कमी आ सकती है। स्वच्छ ऊर्जा: सौर ऊर्जा नवीकरणीय और पर्यावरण के अनुकूल ऊर्जा का स्रोत है। यह ग्रीनहाउस गैस उत्सर्जन को कम करता है और वायु प्रदूषण को कम करने में मदद करता है। सरकारी सहायता: भारत सरकार सोलर पैनलों की स्थापना को प्रोत्साहित करने के लिए सब्सिडी और कर लाभ प्रदान करती है। मध्य प्रदेश में भी, नेट मीटरिंग नीति है, जिसके तहत आप अतिरिक्त बिजली को ग्रिड में बेचकर अतिरिक्त कमाई कर सकते हैं। कम रखरखाव: सोलर पैनल टिकाऊ होते हैं और इनकी देखरेख की आवश्यकता कम होती है। संपत्ति का बढ़ता मूल्य: सोलर पैनल वाले घरों का मूल...
Read more

Indore Sunligh: Never Worry About Your Electricity Bill Again!

-
Image
Have you ever found yourself in a situation where you forgot to pay your electricity bill? The anxiety of potential disconnection and the stress of managing rising utility costs can be overwhelming. But what if there was a way to free yourself from this cycle of worry? With Indore Sunlight's solar panels , you can say goodbye to the anxiety of electricity bills for good. Here’s how going solar transforms your energy experience and brings peace of mind to your household. 1. The Dread of Forgetting Your Electricity Bill Forgetting to pay your electricity bill can lead to more than just late fees. It can disrupt your daily routine, causing anxiety over potential service interruptions and creating a hassle you didn’t need in your life. You might find yourself scrambling to make a last-minute payment or dealing with the stress of having your power cut off. This is where solar energy steps in as a game-changer. When you install solar panels from Indore Sunlight, you shift the focus from ...
Read more