Can India become solar superpower?

摘要

The government has taken initiatives such as capital subsidies, interest rate subventions and other supportive measures to solar cell or panel or module manufacturers in order to help the country's journey towards becoming solar superpower. Agarwal from Ind-Ra states, these measures are better off compared to implementation of safeguard duty, which can derail the whole generation capacity addition target. Overall,we see that 100 GW by FY22 look quite possible, if government keeps it attractive for state DISCOMs to procure solar power, which is the case right now.The vast range of initiatives and projects launched by the government is a clear indicator of India's journey towards emerging as one of the largest green energy producers in the world. "Considerable momentum has been building up in the sector, as India moves towards its goal and continues the rapid transformation towards a global solar energy hub," reiterates Rathi from Waree.