Innovation in solar power has accelerated in the past decade, and nowhere is this more evident than India. The sub-continent is quickly becoming the solar power industry’s most important market, with capacity being installed at incredibly high rates. Five years ago there were 12 megawatts (MW) of installed capacity in the country; as of this year there are over 3,700 MW.
Solar still plays a very small role in India’s energy strategy. The country has a total power generation capacity of 261 gigawatts (GW), most of which comes from traditional sources like coal and hydroelectric power that carry significant environmental impact. This year the Modi government pledged to add a further 100 GW of solar capacity by 2022. But large global investors are taking the drive even further – high interest in large-scale projects has encouraged the government to boost that goal to 250 GW of solar power.