Indias ambitious solar goals have begun to look more achievable as First Solar announces its 1 GW milestone of PV capacity supplied for the country.
In its fourth quarter and full year 2015 results, the U.S.-based solar producer and developer had mentioned 20.03 GW of booking opportunities, with a substantial part of them in India, Latin America and the Middle East.
In February 2015, at India’s first renewable energy global investment conference and expo RE-INVEST 2015 in New Delhi, First Solar made a Green Energy Commitment to develop 5 GW of solar capacity in the country by 2019. Four months later, the company has successfully powered a 20 MW PV plant in the southern Indian state of Telangana.
To date, 200 MW of utility-scale solar projects, wholly owned by First Solar, are under construction in India. This year, India is expected to add a total of 4.8 GW of utility-scale PV plants.
Read more about the achievements and trends of the Indian solar market in the upcoming April edition of pv magazine.