600 MW of solar to be added in Kerala
One of the less developed states for PV deployment, Kerala’s solar market may be about to get a huge boost, as the state plans to install at least 600 MW of new solar over the next three years, in an attempt to meet rising energy demand and its renewable purchase obligations.
Kerala had originally set targets in 2013 for 500 MW of solar to be installed by 2017, going up to 2,500 MW by 2030. However, rising energy demand in the state means that there will need to be an increase in new power projects, while recently increased renewable purchase obligations encourage the state to look to renewable energy sources instead of conventional power, according to Mercom Capital.
About 65% of the annual power requirement of the state is sourced from outside the state,” said State Minister for Electricity, Kadakampally Surendran. “The Government of India has recently mandated that 85% of the power generated in a state has to be utilized in the state and this is a problem for Kerala. In order to fulfill the state’s power demand, the best bet is going to be solar and wind energy.”