INDIA RANKS THIRD GLOBALLY IN SOLAR POWER PRODUCTION, SURPASSING JAPAN

Why in the news?

India becomes the third-largest solar power producer, surpassing Japan; global renewable energy trends indicate a shift towards sustainability.

source:firstindia

About India Rises to Third Position in Solar Power Production:

In 2023, India surpassed Japan to become the world’s third-largest producer of solar power, according to a report by Ember.
India generated 113 billion units (BU) of solar power, exceeding Japan’s production of 110 BU.
Despite ranking fifth globally in installed power capacity (73 gigawatt), India’s actual solar power production remains lower than expected due to fluctuations in power demand and local circumstances.
NITI Ayog data reveals that although solar power constitutes 18% of India’s installed electricity capacity, it contributes only 6.66% to actual power production, highlighting a significant gap.

Key Initiatives in Solar Power:

Solar Park Scheme:

Aims to develop multiple solar parks with around 500 MW capacity each across various states.

Rooftop Solar Scheme:

Focuses on installing solar panels on rooftops to harness solar power in residential buildings.

National Solar Mission:

Government initiative promoting sustainable growth and addressing energy security through solar power development.

Sustainable rooftop implementation of Solar transfiguration of India (SRISTI) scheme:

Aims to promote rooftop solar projects for sustainable energy generation in India.

International Solar Alliance:

Collaborative platform driving increased deployment of solar energy technologies globally.

Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)Scheme:

Supports installation of off-grid solar pumps in rural areas to reduce grid dependency and promote solar energy adoption.

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