All-out efforts by the Indian government to boost renewable energy generation in the country have reached another milestone as the operational solar power capacity crossed 10 gigawatts.
The Minister of power, coal, and renewable energy Piyush Goyal recently stated that the installed solar power capacity in India has crossed 10 gigawatts. The milestone was achieved after a 45 megawatt project was commissioned at Badhla solar power park in India. The solar power park will host one of the cheapest projects in the country.
In May 2014, when the present government came to power, the installed solar power capacity was 2,600 megawatts. The new government increased the targeted installed solar power capacity from 22 gigawatts by 2022 to 100 gigawatts. Several millions dollars were announced in financial support, while state governments were encouraged to increase the share of solar power in their power mix. This led to a massive increase in solar power auctions, competition, and sharp fall in tariffs. Read more