In this regard, various financial/ fiscal incentives, such as, concessional/ nil customs and excise duties, accelerated depreciation, preferential tariffs, etc. are being provided to promote deployment and use of off-grid/ decentralized solar energy systems & devices as well as grid-connected solar power systems/plants.
Private developers are being encouraged to set up grid-connected solar power projects on Build-Own-Operate basis, at locations of their choice, under various schemes of Central and State Governments.
A target for deployment of 20 million sqm of solar thermal collectors area and 2,000 MW off-grid & 20,000 MW grid-connected solar power generation capacity by 2022 in the country has been set under the Mission.
Besides deployment, focus is also being laid on creation of favourable conditions for developing solar manufacturing capability and increased R&D and capacity building activities in the country.
As per reports available in different media, the installed Solar power generation capacity in countries like China, United States of America, Japan and Spain is in the range of 5,000–8,500 MW, while it is over 16,000 MW in Italy and over 32,000 MW in Germany.
In comparison, the installed solar power generation capacity in India has reached around 2,100 MW as on October 2013, most of which has been set up during the last three years after the Mission was launched and is on the increase.
This information was given by the Minister of New and Renewable Energy Dr. Farooq Abdullah in a written reply in the Rajya Sabha.
