In India, energy demand is going to double in 2020. Energy demand is for raising energy security and self-sufficiency in power generation without increasing environmental costs.
India has vast solar energy potential. India can improve its energy security by expanding solar power units and increasing its reliance on solar electricity in the face of rising demand.
The Indian government has fixed a thing of adding 175 GW of renewable energy capacity by 2022, with 100 GW energy from solar, 60 GW from wind, 10 GW from bio-power, and 5 GW from small hydro- power respectively.
India’s total installed solar capacity was 55GW as of December 2021, with grid-connected utility-scale projects accounting for 77% and grid-connected rooftop solar (20%) and mini or micro off-grid projects accounting for the rest (3%). With only eight months left in 2022, only nearly half of the 100GW target has been met, consisting of 60GW of utility-scale and 40GW of rooftop solar capacity. In 2022, over 19GW of solar capacity is planned to be built, with 15.8GW coming from utility-scale solar and 3.5GW coming from rooftop solar.
“Even with this capacity expansion, around 27% of India’s 100GW solar ambition will remain unmet,” says Jyoti Gulia, Founder, JMK Research, who is also a co-author of the paper.
According to co-author Akhil Thayillam, Senior Research Associate at JMK Research, “central and state government policies and regulations must be coordinate to assist the solar sector overall, especially the ailing rooftop and open access portions of the market.”