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2.2.4 Solar Power

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India has emerged as a leader in promoting the set up of a solar-based economy worldwide and is ranked 5th in the installed capacity of solar PV at a global level. The potential of solar power in India is predicted to be 750 GW considering that 3% of wasteland land in the country is available [18]. India launched the Jawaharlal Nehru National Solar Mission (JNNSM) on 11th January 2010, and since then a large-scale boom has been observed in the solar PV sector. Concentrated solar power (CSP) is also an important technology. However, the high cost of CSP seems to be a significant hurdle in promoting CSP. Research is in progress to develop economic CSP technologies [21].

Further to bring down the tariff of grid-connected solar projects significantly, a competitive bidding process is used which involves reverse e-auction. CFA is also provided for the grid-connected rooftop solar program under JNNSM Phase II [22]. Like wind projects, the charges applicable for inter-state transmission have also been exempted by 2022 for solar projects.

Renewable Energy for Sustainable Growth Assessment

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