Solar power in India

2050 MW Pavagada Solar Park

India's solar power installed capacity was 84.28 GW AC as of 31 May 2024.[1] India is the third largest producer of solar power globally.[2]

During 2010–19, the foreign capital invested in India on Solar power projects was nearly US$20.7 billion.[3] In FY2023-24, India is planning to issue 40 GW tenders for solar and hybrid projects.[4] India has established nearly 42 solar parks to make land available to the promoters of solar plants.[5] Gujarat Hybrid Renewable Energy Park will generate 30 GWAC power from both solar panels and wind turbines. It will spread over an area of 72,600 hectares (726 km2) of waste land in Kutch district of Gujarat.[6][7]

The International Solar Alliance (ISA), proposed by India as a founder member, is headquartered in India. India has also put forward the concept of "One Sun One World One Grid" and "World Solar Bank" to harness abundant solar power on a global scale.[8][9]

  1. ^ Cite error: The named reference ach was invoked but never defined (see the help page).
  2. ^ "Report - Global Electricity Report 2024 (page 132)". EMBER. 7 May 2024. Retrieved 9 May 2024.
  3. ^ India Exim Bank (January 2022). "Indian Solar Sector – Fostering Growth and Sustainable Development (Refer to Table 13)". Retrieved 13 February 2022.
  4. ^ "Government to Bid Out 50 GW of Solar, Wind, and RTC Projects in FY24". Mercom India. Retrieved 25 April 2023.
  5. ^ "List of solar parks in India". mnre.gov.in (MS Word Document). Archived from the original on 11 December 2019. Retrieved 7 September 2019.
  6. ^ "Bigger than Singapore, Bahrain! World's biggest, hybrid renewable energy park in Gujarat to attract huge investment!". The Financial Express. 16 December 2020. Retrieved 19 December 2020.
  7. ^ "Gujarat to get India's largest renewable energy generation park". ETEnergyworld.com. 14 December 2020. Retrieved 22 December 2020.
  8. ^ Tayal, Manu (27 May 2020). "MNRE Invites Proposals to Develop Institutional Framework for 'One Sun One World One Grid' Implementation". Saur Energy. Retrieved 31 May 2020.
  9. ^ "India Set To Propose World Solar Bank & Mobilize $50 Billion In Solar Funding". Clean Technica. 26 July 2020. Retrieved 27 July 2020.