India's Photovoltaic Power Generation Reached 20 Million Kilowatts in 2017

Recently, India stated that its current cumulative solar power generation capacity has reached 20 gigawatts, achieving the 2022 target originally set by the National Solar Plan ahead of schedule.

This achievement is attributed to a renewable energy project promoted by the Modi government. Since Modi came to power in 2014, he has vowed to increase solar power generation to 10 gigawatts by 2022.

According to the latest research report issued by India's green energy market, the cumulative installed capacity of utility-scale projects is approximately 18.4 GW, and the power generation capacity of rooftop solar projects is 1.6 GW.

Solar power was the leading source of new installed capacity in India in 2017. India has already set a milestone in this regard. It is expected that by 2018, the pace of development of India's overall solar industry will be affected by government policies, thereby increasing costs.

The CEO of Meridian Energy Australia and Powershop Australia said, "The government's revised solar project installation target of 100 GW by 2022 has recently conflicted with the Make in India plan. The ongoing anti-dumping case and imported solar templates have also The climate of regulatory uncertainty is currently hurting the development of the solar industry, and its project installation pace is gradually slowing down.”