India Solar Market Could Hit 33.4 GW by 2022
JANUARY 3, 2012 BY
As mentioned in my 2012 solar energy expectations yesterday, I think India’s got a good chance of shooting onto the solar power map this year. Following up on solar in India, a recent report by Bridge to India estimates that the country will have 33.4 gigawatts (GW) of solar power installed by 2022, far more than the 20 GW that are targeted by India’s National Solar Mission (NSM).
The report projects that 14.15 GW will already be on the ground in 2018, and it also projects that solar will hit grid parity in India at that time, which would make it a far more attractive energy option for those who care only about the market price of solar (not the health, environmental, and energy insecurity costs of relying on fossil fuels).
Source: Clean Technica (http://s.tt/154ZA)
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