26 July 2010

India to generate 1,000 megawatts solar power by 2013


India aims to launch its solar mission under the National Action Plan on Climate Change, with plans to generate 1,000 megawatts (MW) of solar power by 2013, according to The Times of India. The country currently produces less than 5 MW every year.

The mission, if approved by the Cabinet, will entail three phases with the ambitious targets and financial mechanisms for the latter two phases being reviewed on the basis of performance in the first three-year phase.

A complete package has been proposed to propel the power sector into 'solar reforms' that could lead to annual production of 20,000 MW by 2020 if the first phase of the solar mission goes well.

In the first phase, between 2010 and 2013, the government is also proposing to generate 200 MW of off-grid solar power and cover 7 million square meters with solar collectors.

By the end of the final phase in 2022, the government hopes to produce 20,000 MW of grid-based solar power, 2,000 MW of off-grid solar power and cover 20 million square meters with collectors.

Solar lighting systems would also be provided to 9,000 villages under existing schemes by providing soft loans which would be refinanced by the Indian Renewable Energy Development Agency Limited.

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