Due to the favourable policies initiated by the Indian government and commitment, the SIZ industry in India is becoming hot destinations for domestic and global investors. The below article provides a basis for the research of the Indian Solar market and identifies potential investment opportunities.
GOVERNMENT INITIATIVES AND POLICIES
More so, Indian government has been very active in the promotion of the generation of solar energy. The National Solar Mission launched in 2010 installed plans to make India a world hubs in solar energy. The target of the mission was changed in 2015 to an installed capacity of 100 GW by the year 2022 which clearly shows the commitment of the government toward renewable energy. The target on it comprises 40GW Roof Top Solar Plant and a 60GW Large and Medium Integrated Grid Solar Plant.
MARKET GROWTH AND POTENTIAL
The solar power has registered phenomenal growth in India. According to the data collated as on December 2023, India has commissioned about 60 GW of solar power as against only 2.6 GW in 2014. This growth is due to policy promotion, the continuous decrease in the cost of solar PV systems, and much more investors paying attention to this industry. According to the IEA estimates, India could reach about 255 GW of solar power by 2040 which will make the country one of the largest solar markets of the world.
FINANCIAL INCENTIVES AND SUPPORT
Denne historien er fra September 08, 2024-utgaven av The Business Guardian.
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Denne historien er fra September 08, 2024-utgaven av The Business Guardian.
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ASSEMBLY POLLS: CONG KICKS OFF 'NYAY YATRA'
The Congress kicked off its month-long \"Delhi Nyay Yatra\" from Rajghat on Friday to put pressure on the AAP government in the city on various issues ahead of the Assembly polls due early next year.
CBI nabs DUSIB legal officer for taking bribe
The Central Bureau of Investigation (CBI) has apprehended a legal officer from the Delhi Urban Shelter Improvement Board (DUSIB) of the Delhi Government for allegedly demanding and accepting a bribe of Rs 5 lakh from a complainant.
HC orders DU to admit minority student to St Stephen's
The Delhi High Court on Friday said its order permitting a minority category student to attend classes amid a purported seat allocation dispute between St Stephen's College and Delhi University has to be complied with.
Govt tests drone-based mist spraying to combat pollution
To curb rising air pollution in the national capital, the Delhi government on Friday conducted a testing of 'drone-based mist spraying' at Anand Vihar, one of the city's pollution hotspots.
BJP blames AAP for pollution
BJP leader Shehzad Poonawalla on Friday attacked Aam Aadmi Party (AAP) for pollution in the Yamuna River, highlighting that the toxic foam floating on the water proved a serious threat to the safety of devotees during Chhath Puja.
Anand Vihar pollution triggers health Issues
With the air pollution reaching an alarming level in Delhi's Anand Vihar, people living in the area are facing health issues as there has been a surge in cases of respiratory and throat infections and eye irritation in the last few days.
Kejriwal has become biggest symbol of VVIP culture, hypocrisy: BJP
The BJP on Friday claimed that former Delhi chief minister Arvind Kejriwal has become \"the biggest symbol of VVIP culture\" as it slammed the AAP convenor citing high costs of appliances and items, including toilet seats worth around Rs 12 crore, used in his residence when he was at the helm of the government.
Phir Layenge Kejriwal: AAP rallies support with new campaign
Kejriwal noted that these shared challenges have strengthened the bond among AAP members, uniting them as a family. \"I am moved by the love and determination I see in our workers. We will fight, and we will win,\" he said, stressing that their unity is the party's greatest strength.
Calcutta High Court On Plea Against Use Of Loudspeakers Near School For Specially Abled Children: 'Puja Committee Thinks They Are Bigger Than God'
The Calcutta High Court in the case Prajna Paromita Sen And Anr. Versus State Of West Bengal And Ors observed that the use of loudspeakers and blocking of roads outside a specially-abled children's school for celebrating Jadadhatri puja, showed that the 'puja committee thinks they are bigger than the deity itself.
Madras High Court Directed Pondicherry Institute Of Medical Sciences To Surrender 26 Seats For Failure To Comply With MCI Guidelines
The Madras High Court in the case Pondicherry Institute of Medical Sciences v The Government of India and Others observed and has directed the Pondicherry Institute of Medical Sciences to forfeit 26 seats - 13 during the 2025-26 academic year and 13 during the 2026-27 academic year for failing to comply with the directions issued by the Medical Council of India during admissions in the year 2017-18.
