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India's Solar Mission Projects 20 GW Of Power By 2020
The ambitious mission hopes to generate 20 GW of solar power by 2020, to be upped to 100 GW by 2030 and 200 GW by 2050.
Officials say the US$19 billion plan shows that the country is serious about its intention to stem global warming, ahead of the UN climate change conference in Copenhagen in December.
A detailed road map has been drawn up to 2020. By then, according to the mission document, solar lighting will be available for 20 million households and 42 million tonnes of CO2 emissions will be saved annually by the switch to solar energy. The government plans to create a solar fund with initial investment of $1.1 billion and build it up by taxing fossil fuels and the power generated from them 0.1 cents for every kWh produced. By 2030, it hopes to reduce the cost of electricity from photovoltaic cells to around 10 cents per kWh, matching the price of electricity derived from conventional fuels, writes Killigudi Jayaraman in Nature.
The plan will be pushed forward by a mixture of other policy and regulatory measures. Those include making it mandatory for existing thermal power plants to generate at least 5% of their capacity from solar power, and for government buildings to install photovoltaic panels on rooftops. Producers connected to the grid will be able to sell their excess solar electricity to utilities; solar-power projects get a 10-year tax holiday; and other 'carrots' for the industry include the duty-free import of raw materials and priority bank loans.
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bdsolar(Guest)
08/05/2010
India's Solar Mission Project is certainly an ambitious one. Considering the population of the country and the density of urban activity, renewable energy needs to be a high priority. As the cost of solar PV continues to fall, while other energy costs rise, it remains the best choice. Solar power also lends itself to minimal infrastructure, expediting and reducing the cost. I look forward to following the progress and wish the people of India success. http://www.SolarWorks211.Com Barry Dean
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