India all set to Challenge China in Solar Panel Manufacturing

India all set to Challenge China in Solar Panel Manufacturing

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The utility electricity sector in India has one National Grid that has an installed capacity if 335-gigawatt renewable power plants. This constitutes 32.2% of total installed capacity. India is the world’s third-largest producer and fourth largest consumer of electricity.

India is eyeing for critical editions from the International Solar Alliance (ISA) summit to be held in Delhi this weekend in the Rashtrapati Bhavan Convention Center. This summit would be joined by at least 25 heads of government and state.

With 28 countries who have approved the ISA treaty in participation, the meet has mounted from an at first unassuming occasion to an expensive one which will see a mixed blend of geologies lying between the two tropics.

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With this, India and France together would be challenging the companies of China, the pioneer of ISA. In addition, India aims to produce approximately 1 lakh megawatt solar energy by the year 2022.

While all eyes would be set on French President Emmanuel Macron, other attending nations include Australia, UAE, Niger, Gabon, Seychelles, Ghana, Rwanda, Fiji, Bangladesh and Sri Lanka.

The Modi government, as per sources, is pushing for a few results from the summit and needs to guarantee that ISA turns into a stage for extending strategic engagement with a scope of nations on critical improvement issues.

Also, this gathering is required to goad advancement in renewable energy space and to help make India a technological center in the segment and not simply remain a re-exporter of Chinese photovoltaic cells.

Right now, India is eyeing at four types of solar-powered projects namely street lighting, irrigation, off-grid power supply hubs, and green buildings notwithstanding everyday items like solar cookers etc.

Image Credit:  DNA India            

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