Indian Solar Capacity To Hit 20 Gigawatts By March 2017

Indian Solar Capacity To Hit 20 Gigawatts By March 2017

According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts.

The current utility scale installed capacity of solar stands at 16.2 GW by the end of September 2017. The installed PV capacity grew by 84% in the last four quarters, i.e. Q4 2016-Q3 2017, with the addition of 7.5 gigawatts of capacity.

Majority of the capacity addition, or 57%, came from three southern states, namely Telangana, Karnataka, and Andhra Pradesh, during the last four quarters. Telangana, with an installed capacity of 2,792 MW, has now pushed into the number one spot in solar PV deployment, followed by Rajasthan, Andhra Pradesh, and Tamil Nadu. Read More…

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