Solar energy blooms in India
While solar panel makers have suffered big losses in the past year, solar projects in emerging markets such as China and India have benefited. The Indian state of Gujarat — a hot bed of solar power development over the past year — will throw a big party on Thursday to celebrate the commissioning of 600 MW of solar energy projects over just one year, the state government said.
A big chunk of the projects – 214 MW of them – have risen from a solar park in the Patan district. The rest are scattered throughout the state, which two years ago announced a solar policy to subsidize installations. Since then, the state has signed contracts to buy power from nearly 970 MW of projects, said Narendra Modi, Gujarat’s chief minister, in a statement.
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