India Releases Detailed Timeline For 100 GW Solar Power Installation

The Ministry of New & Renewable Energy in India has shared year-wise capacity addition targets for the ambitious National Solar Mission.

As per the updated targets under the National Solar Mission, India aims to have an installed solar power capacity of 100 GW by 2022. The original target under the mission was 22 GW by 2022. 100 GW capacity will include 40 GW rooftop solar power capacity and 57 GW utility-scale solar power projects; India had an operational solar power capacity of around 3 GW when the upgraded mission targets were announced earlier this year.

For the current financial year, the ministry has set a target of adding 200 MW rooftop solar power capacity. This is supposed to increase to 4.8 GW in the next financial year (2016–17). In 2017-18, capacity of 5 GW rooftop solar power projects has been envisaged, with a 1 GW additional target up to 9 GW in financial year 2021–22.

The rooftop solar power projects are expected to be commissioned mostly by the state governments through their own solar power policies.

The ministry expects 1.8 GW of utility-scale solar power capacity additions in the current financial year, followed by 7.2 GW in financial year 2016–17. Capacity addition targets for financial years 2017–18 to 2019–20 are 10 GW each, while a total of 18 GW capacity would be added in financial years 2020–21 and 2021–22.

To set up utility-scale solar power projects, the central government as well as the state governments shall organise competitive auctions. These will include auctions for ultra mega solar power projects as well. The government has announced plans to set up 25 such projects, which will have a capacity of up to 4 GW each. They are expected to have a cumulative installed capacity of 20 GW.

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A young solar enthusiast from India keeping an eye on all regulatory, policy and market updates from one of the fastest emerging solar power markets in the world.