This Initiative was launched jointly with his UK counterpart Boris Johnson, at COP26. By the end of 2020, the total cumulative capacity was 6.8 GW.įigure 3 :Rewa solar power plant in the state of Madhya Pradesh The ‘One Sun, One World One Grid’ InitiatiĪt the International Solar Alliance in 2018, the Prime Minister of India put forth the plan of the One Sun, One World One Grid initiative. When it comes to the total rooftop capacity in India, the commercial and industrial sector accounted for nearly 70% in a total of 4.8 GW and residential rooftops accounted for 1.1 GW. This huge solar power plant is expected to reduce the country’s carbon emissions annually by a huge margin. The plant consists of three solar power generating units that are located on a 500-hectare plot of land inside a 1,500-hectare solar park. The Rewa power plant has a total capacity of 750 MW The solar plant was set up jointly by the Centre’s Solar Energy Corporation of India (SECI). India’s largest solar power plant is located in the state of Madhya Pradesh. A total of 19 companies have placed bids in the initial phase some of which include Reliance, Adani, Tata, Coal India, Larsen & Toubro, ReNew Power, Waaree Energies, Vikram Solar, etc. The bids are invited by the state-run Indian Renewable Energy Development Agency Ltd (IREDA). Under this scheme, solar manufacturers are selected through a transparent bidding process. The manufacturing companies receive incentives over five years post commissioning of solar module plants. This means more solar manufacturing capacity for more renewable power generation. The main aim of this scheme is to cut dependence on imports. will facilitate the manufacturing capacity of 40 GW solar modules. The government is pushing out new initiatives to drive down the dependence on imports and focus on manufacturing everything from scratch (manufacturing solar wafers to producing solar modules) Under the production Linked Insurance (PLI) scheme, the government is planning to bring an additional investment worth more than 300 million USD crore into solar Photovoltaic cells and modules manufacturing in India. In 2021, India imported $ 571.65 million worth of solar cells and modules out of that China alone accounted for $494.87 million followed by Thailand which accounted for $18.76 million worth of solar panels/cells. India has so far only domestically manufactured a total of only 3 gigawatts (GW) for solar cells and 15GW for solar modules and depends on imports from China. Solar power in India is a fast-developing industry compared to the other renewable sources of energy.įigure 1: Cumulative installed PV capacity in Indiaįigure 1 shows the total installed capacity till March 2022. Out of 500 GW, more than 200 GW will be from solar energy. The government has set plans to reach 500 GW of electricity generated by renewable energy and reduce fossil fuel dependence by 50 percent by 2030. By the end of 2022, the government aims to increase it by three-fold. As of November 2021, the country’s solar capacity amounted to 48.55 GW. Between 2014 to 2021, the installed PV capacity increased fifteen-fold. With the recent union budget announced for the year 2022 – 2023, India has massive plans to boost its green energy production through solar projects and many more and also reduce its dependence on fossil fuels.

It is also estimated that the solar energy available in a single year exceeds the possible energy output of all of the fossil fuel energy reserves in India. With about 300 sunny days a year in India, the solar incidence can reach up to 5 EWh/yr. Climate change is causing huge shifts in the industry, countries are trying to decarbonize the energy sector by 2050. The world is rapidly switching to renewable energy.

Solar grids in india