Germany based turnkey solutions provider for solar power plants, Belectric targets to achieve 50 MW of solar generation capacity in India by year end, according to a PTI report. “We have done 8.5 MW last year here in India, which was pretty much proof of the technology we construct. We now have a programme to set up 50 MW of solar projects in this year,” Belectric Global CEO Bernard Beck said.
“We shall start rooftop solar projects here. We see a giga watt scale market upcoming in the next couple of years here since solar is a major energy source,” he said. The need of the hour in India is to reduce the levelised costs of energy by simplification, standardisation and improving technical efficiency of solar projects, Beck said.
Belectric had installed India’s first solar power plant which is to be commissioned under grid based incentive scheme at Sri City (Tada region) in Andhra Pradesh. National Solar Mission, the key driver of growth of the Indian solar industry, targets installations of 20 GW of grid connected and 2 GW of off-grid solar power by 2022 (both Photovoltaic and concentrated solar power(CSP). In the first of its three phases, 2010-2013, the Government of India incentivises construction of 1,000 MW of grid connected power plants.