The tax breaks offered by Budget 2012-13 for setting up of solar plants and equipments will go a long way in scaling up solar power production in India. The country has realized that if it wants to join the super power club, it has to secure its energy needs for future. By 2011, the installed solar capacity in India was 0.45-GW, a miniscule, compared to the global leader like Germany with a solar capacity of 24.7-GW. However JNNSM and state incentives are driving the growth and the country is marching ahead with 41.2 CAGR to meet the JNNSM target of20-GWby2022.
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