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India: Renewal capital of the world

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India: Renewal capital of the world

IBEF:  November, 2015

India's rooftop solar capacity stood at 525 megawatt (MW) this year, registering a growth of over 66 per cent. States like Tamil Nadu, Maharashtra and Gujarat lead in total installed capacity in that order. In fact, India has the potential to grow up to 6.5 gigawatts (GW) in rooftop solar capacity by 2020 due to the improved project economics. It may be noted here that solar capacity installation in India over the past 12 months was almost equal to the cumulative of what was added in the last three years.

According to another recently released report, number of internet users in India is expected to touch 402 million by December 2015, making it the second largest internet base in the world after China. India currently has 375 million internet users. In fact, while Internet in India took more than a decade to move from 10 million to 100 million and three years from 100 million to 200 million, it took nearly a year to move from 300 million to 400 million users.

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