India’s recent success in reaching 10 GW of on-grid solar capacity has made the 100 GW by 2022 target a bit closer than before. India has done an incredible job improving, implementing, and acting on- mandating solar installation in Government buildings, net metering, leadership in International Solar Alliance, provisioning viability gap funding, raising tax free solar bonds, offering long tenure loans, aggressive ‘Solar Park’ development and other initiatives, generating momentum which helped India add 5 GW capacity in 2016 itself.
Anti-Dumping Policy Essential To Boost Domestic Manufacturing
The primary idea powering the Indian solar vision was energy sustainability and initiating internal industrial growth to control the nation’s own solar future. Approaching investors, drafting policies, and getting multi-billion-dollar financial aid to install solar panels in the country are obviously increasing the energy generation rate, which stands today at 8.06 GW. But, it doesn’t…