India : Karnataka is the top solar state in India: Mercom Capital

Karnataka's solar photovoltaic (PV) capacity crossed the 5GW mark in the first quarter of 2018 to transform it into India's top solar PV state, according to Mercom's India Solar Project Tracker. So far in 2018, Karnataka has maintained its brisk pace of solar project commissioning. In 2017, the state installed over 2GW of solar PV capacity and, in the first three months of 2018 alone, the state matched that annual total with the installation of over 2GW of solar PV projects.The 2GW of growth seen in 2017 came from the commissioning of approximately 1.5GW of projects that were allocated under the state's solar policy and over 600MW of solar projects were commissioned under the National Solar Mission.

Talking to Mercom about the state's solar growth trajectory, a Karnataka Renewable Energy Development Limited (KREDL) official said, "We want to make Karnataka a model renewable energy state. Policy implementation and removal of hurdles by the state electricity regulatory commission, KERC, has led to a spike in the installation numbers. We are easing the process of developing solar projects in the state and the current installation numbers are a reflection of the same."

"If you consider the last two quarters, no other state has come close to Karnataka in terms of project commissioning," the official added.

 

Source : https://www.businesstoday.in/sectors/energy/karnataka-is-the-top-solar-state-in-india-mercom-capital/story/274820.html

Smart Grid Bulletin September 2018


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