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India is betting big on solar power. The government has decided to build solar power generation capacity totaling 100 gigawatts (GW) by 2022.

India, a country blessed with abundant sunshine, has also taken a lead role in setting up the International Solar Alliance (ISA)—an alliance of 122 sunshine countries situated between the Tropics of Cancer and Capricorn—that was launched at the UN Climate Change Conference in Paris in November.

In January, Prime Minister Narendra Modi and French President Francois Hollande laid the foundation stone of the ISA at Gurgaon.

The two leaders had also inaugurated the temporary headquarters of the alliance, which is touted as a multilateral platform to promote the use of solar energy by bringing together companies, research institutions and the governments of around 120 countries.

This was Modi’s second major policy decision on the solar sector. The government has been betting big on solar power since it came to power in May 2014.

The Bharatiya Janata Party (BJP)-led National Democratic Alliance ( NDA) government raised India’s target for solar power production from 20,000 megawatts (MW) by 2022 to the current 100GW, or 100,000MW..............Read more

 

Source: livemint