“We are planning to expand our module manufacturing capacities significantly, from our existing 200 MW to 500 MW by September, 2015 and are projected to reach 1.2 GW by end of 2018,” says Ivan Saha, President and CTO, Vikram Solar Pvt. Ltd.
Currently, India has just over 4.5 GW of installed solar capacity.  The revised 175 GW ambitious target and impressive green energy commitment for the development of RE project may result in transformation in India. While speaking to EPR, Ivan Saha, shares his views on how India will achieve this ambitious target. He also briefs on Vikram Solar’s contribution towards achieving 175 GW vision.
How do you look at the revised target of RE?We are very optimistic about the future of solar sector in India, keeping in mind the revised target. Previously, the RE target set by Central Government was of 20 GW by 2022. This was very nascent stage for renewable energy in India. But, with the positive vision of Prime Minister Narendra Modi, and with the aggressive yet adequately planned approach of Minister of Power, Piyush Goyal to make India the leader in renewable energy segment, the target got revised to 175 GW of renewable energy by 2022.
Currently, India has just over 4.5 GW of installed solar capacity. The ambitious target and impressive green energy commitment, for development of RE projects by around 300 companies during RE-Invest 2015 should result in an energy transformation in India, but there are many challenges that remain. For one, there needs to be substantial investment in the electrical grid to support the level of renewable, especially distributed generation, which is being proposed. India’s adoption of distributed solar could be unique, as much of it might not have be tied back to the larger grid. Nonetheless, the system is getting in place, policies are getting introduced and reformed, targets being set, states are coming up with their own policies and measures to remove the roadblocks, and required necessities like skilled manpower and proper financing is getting available following the constructive initiatives taken by the MNRE.

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   “We are planning to expand our module manufacturing capacities significantly, from our existing 200 MW to 500 MW by September, 2015 and are projected to reach 1.2 GW by end of 2018,” says Ivan Saha, President and CTO, Vikram Solar Pvt. Ltd.
Currently, India has just over 4.5 GW of installed solar capacity.  The revised 175 GW ambitious target and impressive green energy commitment for the development of RE project may result in transformation in India. While speaking to EPR, Ivan Saha, shares his views on how India will achieve this ambitious target. He also briefs on Vikram Solar’s contribution towards achieving 175 GW vision.
How do you look at the revised target of RE?We are very optimistic about the future of solar sector in India, keeping in mind the revised target. Previously, the RE target set by Central Government was of 20 GW by 2022. This was very nascent stage for renewable energy in India. But, with the positive vision of Prime Minister Narendra Modi, and with the aggressive yet adequately planned approach of Minister of Power, Piyush Goyal to make India the leader in renewable energy segment, the target got revised to 175 GW of renewable energy by 2022.
Currently, India has just over 4.5 GW of installed solar capacity. The ambitious target and impressive green energy commitment, for development of RE projects by around 300 companies during RE-Invest 2015 should result in an energy transformation in India, but there are many challenges that remain. For one, there needs to be substantial investment in the electrical grid to support the level of renewable, especially distributed generation, which is being proposed. India’s adoption of distributed solar could be unique, as much of it might not have be tied back to the larger grid. Nonetheless, the system is getting in place, policies are getting introduced and reformed, targets being set, states are coming up with their own policies and measures to remove the roadblocks, and required necessities like skilled manpower and proper financing is getting available following the constructive initiatives taken by the MNRE.

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