India achieves 1.44GW cumulative capacity for Solar PV

India has plans to install a further 800MW in this fiscal year. Image: Tata Power

India has achieved a total a cumulative capacity of 1,447MW for grid-connected solar PV.

According to statistics from the Indian Ministry of New and Renewable Energy (MNRE) India added 210MW in February, taking the total grid-connected solar deployed in this financial year to 505MW.

The country is targeting a total of 800MW of new solar capacity by the end of the financial year ending this month.

For off-grid systems of more than 1kW in size, the MNRE did not supply figures for February, but its total deployment for 2012-2013 has reached 17.59MW. The country now has a cumulative capacity of 108MW, which has surpassed its 30MW target for 2013.

The MNRE recently released a roadmap proposing to install 10GW of additional PV capacity by 2017.

The Indian solar market has been estimated at US$2.05 billion by business consulting firm Frost & Sullivan, up from US$1.05 billion last year.

Source: PV Tech

 

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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