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.
Of that colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
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