Solar Energy Production in the year 2018-19 was 21.365 Billion Units

By Saur News Bureau/ Updated On Wed, Dec 12th, 2018

Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018.

The year-wise details of solar energy production since, 2015 are given as under: –

S. No	Year	Generation from Solar Projects (BUs)
1.	2015-16	7.448
2.	2016-17	13.499
3.	2017-18	25.871
4.	2018-19	21.365 (as on 31.10.2018)

Government have taken various steps to increase generation of renewable energy. These inter-alia, include the following:

Announcement of a target of installing 175 GW of renewable energy capacity by March, 2022;
Declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2021-22;
Fiscal and financial incentives such as Capital Subsidy, Viability gap funding (VGF), accelerated depreciation benefits etc;
Permitting 100% Foreign Direct Investment (FDI) under the automatic route in renewable energy sector;
Guidelines for procurement of solar and wind power through tariff based competitive bidding process;
Waiving of Inter State Transmission System Charges and losses for inter-state sale of solar and wind power for projects to be commissioned up to March, 2022;
Raising funds from bilateral and multilateral finance and development institutions;
Implementation of Green Energy Corridor project to facilitate integration of large scale renewable generation capacity addition.

This was informed by Minister of State (I/C) for New and Renewable Energy and Power Shri R. K Singh in a written reply in the Rajya Sabha today.