Current Status, Outlook and Review Analysis of Solar Energy Sector in India and the Way Forward

Submission Deadline-30th April 2024
April 2024 Issue : Publication Fee: 30$ USD Submit Now
Submission Deadline-20th April 2024
Special Issue of Education: Publication Fee: 30$ USD Submit Now

International Journal of Research and Innovation in Social Science (IJRISS) | Volume I, Issue V, May 2017 | ISSN 2454–6186

Current Status, Outlook and Review Analysis of Solar Energy Sector in India and the Way Forward

Radhey Shyam Meena, Dr. A. K. Tripathi
Ministry of New & Renewable Energy, New Delhi

IJRISS Call for paper

Abstract: Solar have proven to be the best support mechanism to rapidly increase the share of renewable energy production and use.This paper presents a review of Indian solar market with the current status of potential, installation of solar in country and different scheme which promote solar energy in the country. In this paper a comparative analysis different tariff structure of solar in India also presented. This helps in how bidder’s interest can be enhanced to participate in the bidding process of solar projects inside the solar park and different factors which contribute to determining the tariff of solar in a solar park.

Keywords: Solar Parks, National Solar Mission, Indian Solar Market, Rewa Solar Park in Madhya Pradesh, Trends of Solar Tariff in India.

India has endowed with vast solar energy potential about 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 3-5 kWh per sq m per day. Based upon the availability of land and solar radiation, the potential of solar power in the country has been assessed to be around 750 GWp.

The Government of India has revised the National Solar Mission (NSM) target of Grid Connected Solar Power projects from 20,000 MW by 2022 to 1, 00,000 MW by 2022.The government has planned to achieve the target of 100 GW by setting up Distributed Rooftop Solar Projects and Medium & Large Scale Solar Projects, the break-up of which is as shown in figure