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India Expands Solar Power Target, Will Add 15 GW Over Next Five Years

India Expands Solar Power Target, Will Add 15 GW Over Next Five Years

by The Daily Eye Team October 28 2014, 2:58 pm Estimated Reading Time: 0 mins, 27 secs

The new Indian government has delivered on its promise to enhance the solar power capacity addition targets under the ambitious National Solar Mission announcing revised guidelines for capacity allocation.

The Ministry of New and Renewable Energy recently released revised guidelines for auction of solar photovoltaic power projects with a significant hike in overall capacity. As per the revised target, the government plans to add 15 GW of solar power capacity by Q1 2019. The first of the auctions to meet these new targets will involve 1,000 MW of capacity.

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