How India Became Third Largest Solar Power Producer? | UPSC Current Affairs 2024

How India Became Third Largest Solar Power Producer? | UPSC Current Affairs 2024

India has overtaken Japan to become the world’s third-largest solar power generator in 2023, according to the report released by think tank Ember.

About
– From ranking ninth in 2015, India has substantially expanded its solar generation capacity.
– India generated 113 billion units (BU) of solar power in 2023 compared to Japan’s 110 BU.
– China remains the world’s leading producer followed by the US.

Reasons behind the rise of India’s solar power generation
– India has a favorable geographical location as it experiences clear sunny weather for 250 to 300 days a year.
– There is a reduction in the cost of solar power in India since 2010.
– Initiatives like Solar Park Scheme, PM-KUSUM, PM Surya Ghar Muft Bijli Yojana, and the International Solar Alliance (ISA) are some of the examples through which India is tapping solar power.

Benefits
– It helps India to meet its energy demand, reduce carbon emissions, & increase economic growth.

#upsccurrentaffairs #nextias #upscprelims #solarpower #india #upsc2024 #japan #upscprelims2024 #pmkusumyojana #isa #pmsuryaghar #solarpark #pmmodi #solarpowerplant #loksabhaelection2024 #china #upscaspirants #upscexam #usa #upsccse #upscpreparation #upscinterview

Keep Learning!
@nextias