India’s Prime Minister’s Council on Climate Change has approved in principal the country’s “National Solar Mission” which aims to expand India’s solar power generating capacity from the current 3 gigawatts to 20 gigawatts by 2020 and 200 gigawatts by 2050,
The huge scale of the plan can be seen from the fact that, under the plan, by 2020 India would be generating more solar electricity than the world’s entire current solar generating capacity, which is about 16.5 gigawatts – and by 2050, it’s solar generating capacity would far exceed India’s total current power generating capacity, which is about 150 gigawatts.
India’s National Solar Mission represents one of the world’s largest renewable energy plans. Prime Minister Manmohan Singh said that the success of the solar endeavour would “change the face” of the country and that it promises to establish India as a global solar leader, drawing new investment to the country and spuring the creation of new industries and jobs.
The Solar Mission will rely on a portfolio of policy measures to support the growth of local industry and innovation around solar technology through the establishment of dedicated solar and technology parks with the goal of achieving cost parity of solar energy with grid power by 2020.