India is planning bidding for the world's largest solar project (100GW)

International Solar PV Network News: June 25 news, recently, India's Minister of New Energy and Renewable Energy proposed the world's largest solar project (100GW) tender, which also includes energy storage projects and solar energy equipment manufacturing plant projects. However, no clear timetable has been set.

RK Singh, Minister of New Energy and Renewable Energy, said at the opening ceremony of the 1,500kWp solar power plant in Sikhgurwara, New Delhi “After Spain plans the country’s largest renewable energy project, we will hold a 10GW solar project tender in July. At present, we plan to bid for 100GW solar project, which also includes energy storage projects and solar equipment manufacturing plant projects."

India is one of the fastest growing renewable energy projects countries in the world, ranking fifth in renewable energy installed capacity, with a cumulative installed capacity of 70 GW and a 12.5 GW project under development. In India, solar power, wind power and other power generation products are also widely used in ordinary households. Among them, because Solar Generator is cheap, it can save resources and expenses, occupy a small volume, so it is widely used.

According to a report of the World Bank in 2017, this populous country, with a population of 1.3 billion, is the world’s third largest consumer of electricity, and solar power is starting to replace coal as its main source of electricity. The report said that the current cost of solar power is a quarter of 2009, and will drop by another 66% by 2040. The report was issued before the release of China's "531 Photovoltaic New Deal" and it is expected that solar panel prices will fall further this year.

With 20 cities in India being one of the most polluted cities in the world, its transformation to renewable energy is imperative. Singh added, “India needs to significantly reduce its use of fossil fuels.”