India Overachieves Target

Subcontinent Adds 3 GW Solar Last Fiscal Year, Reaching Total Of 6.7 GW
06:39 AM (Beijing Time) - 21. April 2016
n_mar_Asia_India_PV in 2015-16_Graph Top3 Total_anu 2016-04-20

India increased its cumulative installed solar power capacity by 80% YoY in FY2015-16. The desert state of Rajasthan with its excellent solar radiation has the highest installed capacity among Indian states.

Key Takeaways

  • India overachieves its solar power installation target for 2015-16 by 51%, adding 3 GW
  • The three states with the highest capacity commissioned last fiscal year were Tamil Nadu, Andhra Pradesh and Telangana
  • Rajasthan has by far the highest installed solar capacity of over 1.2 GW, followed by Gujarat (over 1.1 GW) and Tamil Nadu (over 1 GW)
  • MNRE wants to add 12 GW in 2016-17
  • Power Minister Piyush Goyal reportedly said that 19 GW had been tendered last year and that his ministry now plans to install 20 GW of total solar power by 2017

India has commissioned more solar power capacity in the financial year 2015-16 than it had aimed for. It installed 3,018 MW, but had originally only planned to commission 2,000 MW.

The latest figures from the Ministry of New and Renewable Energy (MNRE) available with local media point out that the southern state of Tamil Nadu stood at the topin 2015, commissioning 887.19 MW, followed by Andhra Pradesh with 433.24 MW and Telangana with 351.56 MW.

In terms of states with the highest installed capacity as of March 31, 2016, Rajasthan is #1, reaching 1,264.35 MW, followed by Gujarat and Tamil Nadu at 1,105.15 MW and 1,030.77 MW, respectively.

Southern states bagged the top three spots for commissioning the highest solar power capacities in FY2015-16
Southern states bagged the top three spots for commissioning the highest solar power capacities in FY2015-16.

Leading business daily, The Economic Times (ET) said that the country’s cumulative solar power capacity has reached 6,753.38 MW, an increase of 80.3% from 3,743.97 MW installed in the previous financial year 2014-15.

India is aiming for a cumulative capacity of 100 GW of solar power by 2022. In the current FY 2016-17, it expects to add 12 GW; the official cumulative target is 17 GW by the end of this fiscal year. But apparently this a moving target: In early April, ET quoted Power Minister Piyush Goyal, who said that 19 GW had been tendered last year and that his ministry now plans to install 20 GW of total solar power by 2017. On April 19, ET quoted MNRE Joint Secretary Tarun Kapoor saying, that MNRE is looking at tenders of 20.9 GW, of which some some has been already awarded with the rest coming in the next few months.

Anu Bhambhani

Anu Bhambhani is the News Editor of TaiyangNews

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Anu Bhambhani