India misses solar target with 20 fold jump in capacity in 2011

- Advertisement -

Indian solar power capacity expanded 20-fold in the past year to at least 356 megawatts, a third of the targeted level, after infrastructure, financing and weather related delays, according to Bloomberg New Energy Finance.

The country planned to install 1,233 megawatts of central government, regional and pilot projects, the researcher said.

“Many projects in Gujarat state were delayed because of transmission infrastructure problems, rains, and delays in financial closure,” said Bharat Bhushan, Bloomberg New Energy Finance’s New Delhi-based solar analyst. Some are just being completed and more capacity is expected by March, he said.

- Advertisement -

The plans by the world’s third largest energy consumer to boost capacity have provided relief for panel makers struggling with slowing growth in developed markets. Germany, the largest market for the technology, said recently it will cut subsidies for solar more rapidly to control costs, driving down shares of companies including Suntech Power Holdings Co and LDK Solar Co.

Gujarat, running India’s largest solar program, has only commissioned 186 megawatts of the 933 megawatts of photovoltaic plants due by January 28, New Energy Finance’s data shows. Of 140 megawatts awarded by central government auction, 75 are built.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Exclusive

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Important Sectors

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Tata’s Act For Biodiversity Conclave Brings Green Hope

0
The conclave witnessed the presence of Mr Jamshyd Godrej, Ms Anjali Bansal, Mr Ricky Kej and Mr Kavinder Singh among others Tata Power, India's leading...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

Manufacturing

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

PLI Scheme Can Help States Become Destinations For Electronics Manufacturing: MoS

0
The manufacturing plant has been set up under the Production Linked Incentive (PLI) scheme At the recent opening ceremony of Pegatron mobile manufacturing facility, the...

Moxion Power Raises $100 Million; Plans To Scale Clean Energy Manufacturing

0
The company aims to meet the increasing demand for its mobile energy storage product lineup In its Series B funding round, the US-based Renewable Energy...

Wind Power Brings Continuum And GE Renewable Energy Together

0
Commercial and industrial establishments will receive the wind power produced in the respective states As per a recent announcement, GE Renewable Energy is set to...