As India’s economy has been growing exponentially, I have been waiting for them to catch on to the possibility of their greatest resource, sunshine! Now photovoltaic units have substantially decreased in cost due to China’s manufacturing, and with their investment, they could soon become the world’s leaders in this field.
With only approximately 1,000 megawatts currently being produced, although that has been achieved in one year, this will hopefully increase to 3,000 megawatts of solar plants which are planned to start in 2013 and some 30,000 + gigawatts of solar power are planned by 2022, according to SolarServer. The recently opened Gujarat Solar Park
commissioned 600MW of energy over a year, but has every intention to become the world’s largest solar park. In order to ensure a fair and competitive marketplace, developers win tenders based on the low cost they can pass the energy on to their customers, which resulted in a drop in prices of 38% in 2010-2011.
I am so pleased that one of the most beautiful, diverse and still cripplingly poor countries of our earth will finally be ecologically self-sufficient in the energy stakes.