India is to launch an ambitious solar power drive, targeting 20GW of installed capacity by 2020, and 100GW by 2030, as part of a countrywide action plan, the National Solar Mission.
The targets include grid parity for solar by 2020, and parity with coal-based thermal power generation by 2030. The plan also outlines targets for up to 5GW of installed solar manufacturing capacity by 2017.
Government and public building will have mandated solar installations, with a proposed target of 100MW installed by 2020.
The government will also put in place solar feed-in tariffs, as well as selected tax breaks and subsidies to encourage growth in the sector.
Copyright © 2009 NewNet
You must be logged in to post a comment.