India Renewable Energy outlook and opportunities for Sahaj

October 30, 2021

A target of installing 100 GW of grid connected solar power by 2022 (achieved till 2019- 28.10GW).

India’s solar target till 2030 - 260 GW, so Installation required per year 25GW.

Highest installation achieved by India in a year 12GW in 2018.

4 Lakh Solar pump annually by EESL and separate schemes by some of the states for pumping as well as PHE projects amounts to Rs. 9000 Cr.

Additional Growth from scaling up of EV market and remote charging stations

Annual deficit of production V/s consumption is 14GW based on existing situation

Annual gap will reduced by 10GW incoming years by introduction of high efficiency modules production in India and due to anti-dumping duty.

Global consumers from USA/CANANDA/EUROPE/AUS are looking towards India for export of modules.

SR No	Year	Capacity added during F.Y. (MW)	Cummulative Capacity (MW)
1	Upto 2010	8.54	11.35
2	2010-11	24.58	35.93
3	2011-12	896.37	932.3
4	2012-13	752.16	1684.46
5	2013-14	947.46	2631.93
6	2014-15	1112.07	3743.97
7	2015-16	3018.88	6762.87
8	2016-17	5525.98	12288.85
9	2017-18	9362.63	21651.48
10	2018-19	6529.2	28180.68

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