With Narendra Modi’s government stunning pollsters with another huge win, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
As national elections approach, prime minister Narendra Modi has signed off a huge check to finance national programs to subsidize household and community PV and to drive solar pump deployment in the nation’s fields.
Greenpeace India, Germi, and the IWMI-Tata Water Policy Program have released a report stating that the Indian government’s latest ambitions to deploy solar water pumps could meet the country’s solar PV target of 100 GW, if done comprehensively. So far the plan goes as far as 28 GW, and still needs legislative approval.
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