India Officially Doubles Its Solar Parks Target To 40 Gigawatts

The Indian government has confirmed that it will go ahead with a second phase of its solar power park program.

The announcement was made by the Minister of Finance in the union budget speech for financial year 2017-18. India will increase the planned capacity addition under its solar power park program from 20 gigawatts to 40 gigawatts.

The Ministry of New and Renewable Energy, along with the Solar Energy Corporation of India, has already identified several solar power projects with cumulative capacity of 20 gigawatts. Under the second phase an additional 20 gigawatts capacity will be added.

While the existing solar power park program has been expanded, the overall installed capacity target remains the same at 100 gigawatts by March 2022.

Full story at http://bit.ly/2m8GMZO

 

 

 

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