The Indian solar industry has been maturing at a rapid clip, growing more than a hundredfold in four years to reach over 2.6 gigawatts (GW) of installed capacity in 2014. Coupled with successful state-level policies in Gujarat and Rajasthan, the Jawaharlal Nehru National Solar Mission (Mission or NSM) has played a pivotal role in making the industry successful. Abundant policy instruments, such as feed-in tariffs (FiTs) and accelerated depreciation (AD), have been deployed at the state and national levels. These instruments have been vital to the rapid scale-up achieved by this industry so far and are now ready for adoption on a wider scale. Further, India’s new government has announced nationwide targets to harness solar power and enable every Indian home to run at least one light bulb by the year 2019.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/reenergizing-india%E2%80%99s-solar-energy-market-through-financing
[2] http://admin.indiaenvironmentportal.org.in/category/author/arunabha-ghosh
[3] http://admin.indiaenvironmentportal.org.in/category/author/rajeev-palakshappa
[4] http://admin.indiaenvironmentportal.org.in/category/author/anjali-jaiswal
[5] http://admin.indiaenvironmentportal.org.in/category/author/et-al
[6] http://admin.indiaenvironmentportal.org.in/category/publisher/council-energy
[7] http://admin.indiaenvironmentportal.org.in/category/publisher/environment-and-water-ceew
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/solar-energy
[9] http://admin.indiaenvironmentportal.org.in/thesaurus/jawaharlal-nehru-national-solar-mission-jnnsm
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electricity
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/clean-development-mechanism-cdm
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
