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India’s Solar Power Growth: From 2.3 GW to 67 GW in 10 Years

India’s Solar Power Growth: From 2.3 GW to 67 GW in 10 Years

India’s Solar Power Growth: From 2.3 GW to 67 GW in 10 Years

India’s solar PV module manufacturing capacity has surged from 2.3 GW to 67 GW over the past decade, driven by the Make In India initiative, according to the Ministry of Renewable Energy. Union Minister for New and Renewable Energy Pralhad Joshi emphasized the government’s commitment to supporting domestic industries and establishing India as a global leader in clean energy.

Joshi posted on X, “India’s renewable energy sector has contributed immensely to the #10YearsOfMakeInIndia. From PLI to VGF, we are extending all possible support to our domestic industries. We are committed to establishing India as a major global player in the complete value chain of clean energy solutions.”

The Ministry highlighted several measures taken to promote domestic manufacturing of renewable energy equipment, including solar PV modules, cells, and upstream components like ingots, wafers, and polysilicon. Efforts also include manufacturing wind turbines, electrolysers for green hydrogen production, and battery energy storage systems.

The government aims to make India self-reliant in solar PV manufacturing, demonstrated by a Rs. 24,000 crores outlay for the PLI Scheme for High-Efficiency Solar PV Modules and additional policy interventions. Since 2014, India’s installed solar PV module manufacturing capacity has grown from 2.3 GW to approximately 67 GW, meeting domestic demand and catering to exports.

The country has seen rapid growth in solar PV module production capacity, jumping from 8 GW in 2021 to 67 GW per year in the last 3.5 years. Over 48 GW of fully or partially integrated solar PV module manufacturing projects are currently under implementation, expected to attract an investment of approximately Rs. 1.1 lakh crores and create direct employment for around 45,000 people.

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Solar PV module -: A Solar PV module is a device that converts sunlight into electricity. It is made up of many solar cells.

GW -: GW stands for gigawatt, which is a unit of power. One gigawatt is equal to one billion watts.

Make In India -: Make In India is a government initiative to encourage companies to manufacture their products in India. It aims to boost the economy and create jobs.

Union Minister Pralhad Joshi -: Pralhad Joshi is a politician in India. He is a member of the government and helps make important decisions.

Ministry of Renewable Energy -: The Ministry of Renewable Energy is a part of the Indian government. It focuses on developing and promoting clean energy sources like solar and wind power.

PLI Scheme -: PLI Scheme stands for Production Linked Incentive Scheme. It is a government program that gives financial rewards to companies for increasing their production.
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