You are here: Home News You Can Use Press Releases Karnataka becomes top state in solar power
Karnataka becomes top state in solar power

Jul 04, 2018

The South Indian state has maintained its brisk pace of solar project commissioning.

Karnataka: The solar photovoltaic (PV) capacity of Karnataka crossed the 5 GW mark in the first quarter of 2018 to transform it into India’s top solar PV state.So far in 2018, Karnataka has maintained its brisk pace of solar project commissioning.

In 2017, the state installed over 2 GW of solar PV capacity and, in the first three months of 2018 alone, the state matched that annual total with the installation of over 2 GW of solar PV projects.

This development took place in just two years after Merecom India Solar Project tracker found that, Karnataka had the country’s largest project pipeline, boasting 3.4 GW of projects in various stages of development in 2016.

The 2 GW of growth seen in 2017 came from the commissioning of approximately 1.5 GW of projects that were allocated under the state’s solar policy and over 600 MW of solar projects were commissioned under the National Solar Mission.

According to Mercom’s India Solar Project Tracker, Telangana became the first Indian state to achieve more than 3 GW of cumulative solar capacity in 2017 after it added approximately 695 MW of solar installations during the fourth quarter alone. As of March 31, 2018, the state of Karnataka had leapfrogged Telangana to claim the top spot with over 5 GW of installed solar PV capacity.

Raj Prabhu, CEO of Mercom Capital Group said that “Karnataka has done a commendable job so far in becoming the state with most solar installations. The big question is what happens in Karnataka after the 1 GW of projects remaining in its development pipeline get completed. If power demand remains weak and solar power becomes more expensive due to tariff imposition, future activity is likely to be less robust.”

Most Read
Most Shared
You May Like
search

blank.gif

blank.gif

blank.gif

Jobs at OneWorld

research-coordinator.png

rolling-internships.png

blank.gif

blank.gif

blank.gif

blank.gif

telangana-sdg.jpg

blank.gif

amity-3rd-mission-2030-2.png

Global Goals 2030
 
OneWorld South Asia Group of Websites