Global solar capacity set to exceed 7,200 GW by 2030
By the close of 2024, global solar manufacturing capacity is projected to exceed 1,100 GW
By the close of 2024, global solar manufacturing capacity is projected to exceed 1,100 GW
With the PLI scheme, India’s solar cell production capacity is expected to reach 40 GW by next year, up from the present capacity of 7 GW.
ISA works with governments to improve energy access and security worldwide and promote solar power as a sustainable transition to a carbon-neutral future.
India has made significant progress towards achieving its goal of 175GW of renewable capacity by 2022. It should ensure the momentum is maintained.
But only after 25-year power purchase agreements “come to an end”.