India declares Solar Zones policy

- Advertisement -
- Advertisement -

solarr

The Ministry of New and Renewable Energy in India has finally announced a solar zones policy with an aim to significant boost the development of large-scale solar power projects.

According to the policy document released recently, the Ministry will identify and designate 10 solar zones across the country having 10,000 hectares area each. The solar zones will house large-scale solar power projects, solar equipment manufacturing units as well as institutes for training and skill development of youth.

- Advertisement -

The solar zones shall be carved out of barren and wasteland. Interested project developers would be able to procure or lease this land from the government to set up large-scale projects. Power generated from these projects can be exported across states to help utilities meet their renewable purchase obligation.

With about 50% of the 100,000 hectares earmarked for development of solar power projects, the estimated capacity likely to come up in the solar zones is around 25 GW. This capacity is inline with the government’s recent announcement to increase the capacity of solar power parks in the country.

Initially, the government had announced a target to set up 20-25 GW of solar power parks as part of the 100 GW operational solar power capacity by March 2022. Over the last few months, the MNRE has mentioned plans to double the figure.

One of the possible reasons for the pushing the solar zones policy is the challenge to meet the rooftop solar power target. The government set an extremely ambitious rooftop solar power target of 40 GW operation capacity by March 2022.

By Baishakhi Dutta

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Ascend Performance Materials: Pioneering Innovation in the Electronics Sector

0
Bridging material advancements in plastics and technological progress, Ascend leads with customised solutions for a safer, reliable and greener tomorrow. Q. How would you explain...

DigiKey Expands Portfolio With 3PEAK

0
This collaboration adds amplifiers, interface components, data converters, and more, catering to industries such as communication, industrial, medical, and automotive.  In a strategic move aimed...

Buzz

Revolutionizing Manufacturing: Dell’s GenAI Leap

0
Discover how Dell Technologies is enhancing smart manufacturing with GenAI at Hannover Messe 2024. This April, at Hannover Messe 2024, Dell Technologies unveils transformative advancements...
Samsung, Chip plants

Samsung Nets $6.4B For Texas Chip Plants

0
Boosting U.S. chip production, Samsung’s massive investment aims to enhance AI and national security tech. Samsung Electronics has been granted $6.4 billion by the U.S....

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Important Sectors

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Yulu Targets Global Expansion, Optimistic About Bajaj Auto Partnership

0
Amit Gupta, Co-founder and CEO of the Bengaluru-based startup Yulu believes there are promising opportunities for gig workers to utilize e-bikes in certain areas...

Tesla Searches For Locations For Its First Showroom In India

0
Separate sources have indicated that the automaker has started manufacturing right-hand drive vehicles at its German plant for export to India. U.S. electric vehicle manufacturer...

JJG Aero Secures $12 Million Investment From CX Partners

0
The Bengaluru-based aerospace components manufacturer intends to use the funds primarily to enhance vertical integration, increase production capacity at the new site, and support...

VinFast India Set To Import VF-e34 And VF5, Targeting Launch In Late 2024

0
The company plans to apply for the new EV policy and will use the CBU route to establish its brand before starting production in...

Manufacturing

JJG Aero Secures $12 Million Investment From CX Partners

0
The Bengaluru-based aerospace components manufacturer intends to use the funds primarily to enhance vertical integration, increase production capacity at the new site, and support...

Tata Electronics Finalizes Semiconductor Agreement With Tesla

0
Ashok Chandak, the head of the India Electronics and Semiconductor Association (IESA), highlighted that Tesla’s initiative to establish a network of domestic suppliers for...

Sterling Tools Targets 40% of Sales from EV Business by FY25

0
This increase is anticipated to come from the EV business segment, which is integral to the company's strategy to diversify its operations. With a certain...

Lanxess, IBU-tec Partner To Develop Iron Oxides For EV Batteries

0
The collaboration focuses on enhancing the performance of LFP (lithium iron phosphate) cathode materials and reducing batteries' carbon footprint. Utilizing local raw materials, the...

Log9 Materials Partners With Zeta Energy To Innovate Advanced Battery Systems

0
The collaboration presents substantial advantages for both companies. Zeta Energy's sophisticated lithium-sulfur materials could enable Log9 to enhance overall cell performance, opening up new...