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

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

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.

I. INTRODUCTION

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 1.

II. GOVERNMENT SCHEMES

The government has launched several schemes to achieve the target of 100 GW. The details are given as in table 1.

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