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.