Genesis Morocco: India to unveil 20,000 MW solar power plan

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Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Saturday, November 14, 2009    <<Home

India to unveil 20,000 MW solar power plan

By Ketan Bondre

MUMBAI, Nov 13 (Reuters) - India will soon launch an ambitious plan to boost its solar power generation from 3 MW to 20,000 MW by 2022, the country's minister for new and renewable energy said on Friday.

"The amount which we are going to talk about is huge. I can only say that much," Farooq Abdullah, told reporters, adding that Prime Minister Manmohan Singh plans to announce its new policy next week.

The policy framework, known in official circles as "the National Solar Mission," will address the high cost of manufacturing solar panels as well as the high price of solar power, Abdullah said.

A rough rule of thumb is that one megawatt of coal generating capacity costs about $1 million to build, while solar capacity costs roughly double that.

"Our job is to bring the costs down. Whether we are going to give concession on import duties, whether we are going to give a sizeable subsidy to purchase solar power, all will be outlined in the mission," he said.

India struggles with a severe shortage of electricity, with peak power falling about 12 percent below demand. Rolling blackouts are common and businesses rely heavily on backup generators.

The country has set a target to build 78,700 megawatts of new power capacity in the five years ending in 2012, but top officials have said India will fall short of that target.

Abdullah said 85 percent of the solar panels currently made in India are exported.

"We are unable to use them in the country as prices are high," he added.

Abdullah also told reporteRs that the William J. Clinton Foundation is talking to the Indian states of Gujarat and Rajasthan to set up 3,000 MW solar power units in each. (Editing by Tony Munroe)

//Im looking a two things, the sheer number of 20GW and the deadline, 2022. Impressive by all account, and added credibility to my projections of 12 GW within a 10 years timeframe for Morocco.

Now perhaps they are planning to use photovoltaic which is not the best option in my opininion, even if you lower the price, the energy conversion ratio is still lover vs CSP.