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The aggressive auction schedule announced by India's central and several state governments has finally put India in the spotlight
of the global solar market.
In 2017, India ranked second in the world in new solar power generation
According to the International Renewable Energy Agency (IRENA), India's solar power capacity surpassed that of North America, continental Europe and Japan
in 2017.
India added 9,628 MW of new solar power in 2017, up from 4,251 MW in 2016
.
The United States added 8,173 megawatts of solar power last year, compared with 11,274 megawatts
in 2016.
North America (USA, Canada and Mexico) added 8,584 MW of new capacity
.
All countries in Europe added a cumulative 5,912 MW last year, while Japan added 7,000 MW, down from 8,300 MW in 2016
.
Last year's report noted that India has the potential to overtake Japan as the third-largest solar market
, considering new capacity.
However, the slowdown in new capacity in the United States has left India only behind China
.
In terms of solar power generation, India ranks third in Asia, behind China and Japan
.
In 2017, China added more than 53 GW of new solar power generation, maintaining its leading position
.
All countries in Asia together generate more than 72 GW
of solar power.
Globally, a total of 93.
752 GW of solar power was added last year
.
Thanks to the government's promotion of solar energy as a major source of power generation, India was able to successfully beat the world's most developed solar market
.
The central government has set very ambitious solar targets
that permeate the states.
India plans to hold auctions of 30 GW of solar power in FY2018-19 and FY2019-20 respectively in an attempt to reach the 100 GW solar power target
by March 2022.
，
The aggressive auction schedule announced by India's central and several state governments has finally put India in the spotlight
of the global solar market.
In 2017, India ranked second in the world in new solar power generation
In 2017, India ranked second in the world in new solar power generationAccording to the International Renewable Energy Agency (IRENA), India's solar power capacity surpassed that of North America, continental Europe and Japan
in 2017.
India added 9,628 MW of new solar power in 2017, up from 4,251 MW in 2016
.
The United States added 8,173 megawatts of solar power last year, compared with 11,274 megawatts
in 2016.
North America (USA, Canada and Mexico) added 8,584 MW of new capacity
.
All countries in Europe added a cumulative 5,912 MW last year, while Japan added 7,000 MW, down from 8,300 MW in 2016
.
Last year's report noted that India has the potential to overtake Japan as the third-largest solar market
, considering new capacity.
However, the slowdown in new capacity in the United States has left India only behind China
.
In terms of solar power generation, India ranks third in Asia, behind China and Japan
.
In 2017, China added more than 53 GW of new solar power generation, maintaining its leading position
.
All countries in Asia together generate more than 72 GW
of solar power.
Globally, a total of 93.
752 GW of solar power was added last year
.
Thanks to the government's promotion of solar energy as a major source of power generation, India was able to successfully beat the world's most developed solar market
.
The central government has set very ambitious solar targets
that permeate the states.
India plans to hold auctions of 30 GW of solar power in FY2018-19 and FY2019-20 respectively in an attempt to reach the 100 GW solar power target
by March 2022.
，
