The Solarity

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Science & Space

In 2009, when policymakers in New Delhi set a goal to produce 20,000 megawatts of solar energy by 2020, few gave India more than a slim chance. The world’s solar-savvy countries put together were generating that much solar power at the time, and India was contributing virtually nothing. But today, with acres of land in its arid, sun-drenched northwest carpeted with thousands of gleaming solar panels, analysts say India is poised to exceed its target. And the most tangible indicator of this makeover is money. In the last year, funding for solar projects in India increased seven-fold, from $0.6 billion in 2010 to $4.2 billion in 2011, a recent Bloomberg New Energy Finance report said.

On paper, India has always had a good case for going solar. Several parts of the country are endowed with an abundance of raw material – as many as 300 days of sunshine a…

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  1. Pingback: Just got back from a Solar Project lecture at Town Hall « Under The LobsterScope

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This entry was posted on February 19, 2012 by in Uncategorized.
All About Solar and Wind
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