Lack of clarity over tax and regulations in the solar sector has pushed close to 3.5 Gigawatt of tenders to cancellation or delay for more than a year now.
India has achieved 20 gw (giga watt) cumulative solar capacity, achieving the milestone four years ahead of the target for 2022 originally set in the National Solar Mission.
India has achieved a milestone 20 GW in cumulative solar installations in eight years. The National Solar Mission had initially set the target of 20 GW installed capacity by 2022.
The National Solar Mission may have set a target of 20 million m2 (metre square) solar thermal capacity with ‘Make in India’ panels, but the government’s proposed incentives package has left this segment of the domestic solar industry out in the cold even though it is getting swamped by cheaper Chinese imports.
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).
India is moving ahead with its plans to add One Lakh solar power capacity under its National Solar Mission Target. The Modi Government soon after taking over in May 2014 had revised