Loading...

Solar park development in India


23 April 2019 | BRIDGE TO INDIA

Solar park development in India

In 2014, the Government of India launched a one of its kind scheme for development of solar parks. It aimed to provide impetus to solar power generation by tackling acute challenges related to land acquisition and transmission connectivity.

So far, MNRE has approved 38 approved solar parks with a total capacity of 23,104 MW across 16 states.

Figure: Status of solar park development, MW

Source: BRIDGE TO INDIA research
Note: This data is as of March 31, 2019.

The solar park scheme is an excellent example of the Indian government’s commitment to the sector and bold policy making. However, operational progress has been constrained by lack of planning, extensive delays, poor infrastructure quality and high cost. Recent changes to the scheme are a step in the right direction and should lead to more effective delivery.


Recent reports

India PV Module Intelligence Brief | Q1 2023

India PV Module Intelligence Brief | Q1 2023

This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technology and rating, pricing trends across the value chain, key international developments and short-term market outlook.

India Corporate Renewable Brief | Q1 2023

India Corporate Renewable Brief | Q1 2023

This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy issuances, financing, equipment prices and other market trends.

India Solar Compass | Q1 2023

India Solar Compass | Q1 2023

This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and policy announcements, equipment prices, financial deals and other market developments. It also provides market outlook for the next two quarters.

Facilitating Growth of Corporate Renewable Market

Facilitating Growth of Corporate Renewable Market

India’s corporate renewable market is benefitting from strong growth drivers in the form of rising RPO target, ambitious decarbonisation agenda and attractive cost saving potential. But while corporates account for 50% of total power consumption in the country, their direct procurement accounts for only 27% share of renewable power capacity. Figure: Total renewable power capacity split by...

India Residential Rooftop Solar Market 2023

India Residential Rooftop Solar Market 2023

India’s residential rooftop solar market, long held back by low consumer awareness and poor economic viability, is showing encouraging signs of growth. With less than 1% of urban households having adopted residential rooftop solar so far, the market represents huge growth potential.

Pumped storage projects – a bright future

Pumped storage projects – a bright future

Large scale deployment of intermittent renewable power requires storage solutions to address imbalances between supply and demand, and more ancillary services. Battery energy storage systems (BESS) are gaining popularity worldwide but their near-term deployment potential in India is limited by several challenges.

To top