A STUDY ON SOLAR RISE: FAVOURABLE TIME FOR EMBRACING SUSTAINABLE SOLAR ENERGY IN THE NEXT DECADE

Kachita Kohli; Tanya Navin Kohli

Volume : VI, Issue : V, May - 2016

A STUDY ON SOLAR RISE: FAVOURABLE TIME FOR EMBRACING SUSTAINABLE SOLAR ENERGY IN THE NEXT DECADE

Kachita Kohli, Tanya Navin Kohli

Abstract :

Solar PV technology converts sunlight directly into electricity, is among the fastest growing segments of the renewable energy industry in India. Solar PV already established in many countries including India, and set to become one of the key technologies of the 21st century. Some of the factors driving the growth of this segment are concerns towards carbon emissions, energy security and the rising prices of fossil fuels. Union Cabinet on 15.06.2015, stepped up India’s solar power capacity target under the National Solar Mission by five times, reaching 1,00,000 MW by 2022, which will principally comprise of 40 GW Rooftop and 60 GW through Large/ Medium Scale Grid Connected Solar Power Projects.