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India Quadruples Renewable Energy Goals

10 Jan

The Indian government has quadrupled its renewable energy targets as part of its national plan to reduce economic carbon intensity.  India now aims to install 74.4GW of renewable energy capacity by 2022, and to reduce carbon emissions intensity (emissions per unit of GDP) by 20-25% of 2005 levels over the next decade.

Solar energy is a major focus of India’s plan.  India is looking to take advantage of its plentiful sunlight with 20GW of new solar power by 2022, as well as 2GW of off-grid distributed capacity.  This off-grid solar will be important for rural regions which currently lack access to electricity.

Last year, India’s Jawaharlal Nehru National Solar Mission was given a mandate to monitor and manage the country’s new solar installations.  The Mission is aiming to achieve grid  parity by 2022, and by 2030 achieve cost parity with coal, currently India’s predominant energy source.  Read more…

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Posted by on January 10, 2011 in Clean Energy, Policy, Solar

 

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