There are few places in the world where the opportunity for solar power is more blindingly obvious than India. There are also few industries where the possibility of collaboration between India and the United States is more tantalizing.
But although India’s solar industry is finally taking off, enormous hurdles must be overcome before it can make a meaningful contribution to the country’s rapidly growing power needs, experts and business leaders say.
Two years ago, as part of its National Action Plan on Climate Change, India set out to boost the solar industry through subsidies, setting a generation target equivalent to about 3 percent of the country’s projected power needs by 2022.
The private sector has responded eagerly. With the price of solar energy dropping sharply, and with sun-drenched western states such as Gujarat and Rajasthan launching drives to subsidize solar power, many say the target will be more than met.
Read More
 |
| India looks to bright future in solar power: While India’s solar industry is finally taking off, massive hurdles must be overcome before it can make a meaningful contribution to the country’s rapidly growing power needs. |
But although India’s solar industry is finally taking off, enormous hurdles must be overcome before it can make a meaningful contribution to the country’s rapidly growing power needs, experts and business leaders say.
Two years ago, as part of its National Action Plan on Climate Change, India set out to boost the solar industry through subsidies, setting a generation target equivalent to about 3 percent of the country’s projected power needs by 2022.
The private sector has responded eagerly. With the price of solar energy dropping sharply, and with sun-drenched western states such as Gujarat and Rajasthan launching drives to subsidize solar power, many say the target will be more than met.
Read More
No comments:
Post a Comment