• India to double solar capacity with mega plants

    Posted on April 1, 2014 by in Electric Cars, Environment, Grid Connect, News, Off Grid, Regulatory, Solar Energy, Solar Hot Water, Solar Panels, Solar PV, Sustainability

    Date: February 18, 2014     Sydney Morning Herald – Business

    India plans to start work on at least 2 gigawatts of solar farms in the year starting April that would nearly double its current photovoltaic capacity.

    The proposed new capacity would take the form of four so-called mega solar power projects capable of generating more than 500 megawatts each, Finance Minister Palaniappan Chidambaram said today in New Delhi in a speech announcing an interim budget that would provide funds until a new parliament is elected in national polls due by May.

    A record 15 per cent of about 800 million voters will be eligible to cast ballots for the first time as the rising cost of electricity turns into an electoral issue. With the solar farms announced today and already existing targets, India is planning a sixfold increase in solar capacity by 2017 to reduce blackouts and diversify away from coal and gas-fired plants hamstrung by fuel shortages.

    The country added 29 gigawatts of power-generation capacity between April to December, Chidambaram said. India’s peak power deficit dropped to 4 per cent in January, from 11.4 per cent a year earlier, according to data from the Central Electricity Authority.

    Read more: http://www.smh.com.au/business/carbon-economy/india-to-double-solar-capacity-with-mega-plants-20140218-32www.html#ixzz2xalvtknT

Comments are closed.