India's on-grid solar power development. Historical transitions, present status and future driving forces

MELBOURNE -

Researchers' Work from University of Melbourne Focuses on Renewable Energy (India's on-grid solar power development: Historical transitions, present status and future driving forces)

Current study results on Energy - Renewable Energy have been published. According to news reporting originating from Melbourne, Australia, by VerticalNews correspondents, research stated, "India with a fast growing demand for electricity and increasing consideration to emissions reduction is investing strongly in renewable electricity generation. Among renewables, the Central and State Governments have set aspirational targets for on-grid solar electricity and legislated several supporting policies to realise these targets."

Our news editors obtained a quote from the research from the University of Melbourne, "As a result of the favourable political environment, the development of on-grid solar, in terms of the rate of growth in installed capacity, has been increasing in the recent years, and it is expected to continue in the future. This paper aims to investigate the impact of historical transitions of India's electricity sector on the ongoing development of on-grid solar electricity and to explore the prospect of solar sector development in the future. First of all, we investigate how the historical transformation of governmental intervention's approach intertwined with the gradual shift of the source of generation has paved the way for the current achievements in on-grid solar electricity. Second, we envision the future challenges and opportunities for the development of solar sector by looking ahead and discussing the continuity of government's support and the prospective competitions between different sources."

According to the news editors, the research concluded: "We conclude the paper with some required steps to be taken in order to secure the achievement of the targets in solar electricity in the future."