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India targets 100GW of solar power by 2030

5 Aug 2009

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.

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7 Responses to “India targets 100GW of solar power by 2030”

  1. Really very good news for the energy porfessionals in India. I am also trying to venture into the Green Energy Business.

  2. This news has been eagerly anticipated by many of my clients in the clean tech space. The fact that the government is behind this initiative is good news for the clean tech industry globally.

  3. Vaibhav Jain says:

    We have got our application approved for 25 MW unit as well. We are currently looking for US based consultants.

    If you are the consultant or you know someone, contact us at vaibhav.power@yahoo.co.in or info@colnovation.com.

    You can also reach us at +1-973-752-9448
    or
    +91-94141-77809

  4. Anindita Chatterji says:

    India should be a great market too. The abundant sunlight throughout most of the year and the environment consciousness amongst the emerging professionals this seems a very promising market in India. With the engineering talent and manpower, solar plants as targeted by the Indian Government should be achievable.

  5. Our Group is proposing to install Solar & Wind Power Projects across India, starting power production by 2010.

    The Green Power will be sold directly to consumers and in some cases through the Grids.

    We have already initiated the process of shortlisting regional / local companies – State / City wise, having proven track record in any business for CWIIL GROUP’s RESEARCHED & DEVELOPED TECHNOLOGIES LICENCEES.

    We have a robust, step by step, execution strategy which would enable us to be generate sufficient power to meet substantial part of India’s Power requirements.

  6. Vishal Pandya says:

    Great initiative. There is also lot of buzz going about the introduction of Green Certificate Trading and Energy Efficiency Certificate trading in India to further promote green power and energy efficiency. If this comes true, Indian green power producers and energy efficient entities would have enjoy another source of revenue stream.

  7. hardik says:

    if any one interested in green business and looking for partner in this field contact ..me

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