“India’s solar power policy is now entering round two. And there is much that needs to be reviewed and reworked as the business of solar energy has seen massive turbulence in India as well as globally”. Comment in the light of challenges Indian Solar mission is facing.

  1. The Jawaharlal Nehru National Solar Mission completed Phase I in 2012 and India’s solar capacity jumped from 30 MW to more than 2000 MW in just three years.
  2. In 2013, the Solar Mission entered Phase II ->  to develop generating capacity of 20,000 MW by 2022
  3. Report by World Bank - followings:
  4. there is inadequate low cost financing available to solar projects. There is thus need to encourage commercial lending by banks to solar projects.
  5. Indian equipment makers suffer intense competition from cheap Chinese solar panels
  6. key provision of the policy meant to encourage local manufacturing was actually counterproductive and hobbling the nascent sector
  7. Silicon vs thin film (globally only 14-15%)
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