Tamil Nadu Chief Minister M. K. Stalin inaugurated a solar cell and module manufacturing unit in Tirunelveli district, which is India’s single largest cell and module manufacturing facility.
About the unit
- The unit has been launched at the Gangaikondan SIPCOT Industrial Growth Centre in Tirunelveli.
- It was established by the energy manufacturing wing of TATA Power with an investment of ₹3,800 crore.
- The 4.30-GW facility will manufacture photovoltaic cells and modules while creating huge employment opportunities for locals, especially women.
- This will help promote rooftop projects for residential, commercial, and industrial processes and support renewable energy generation.
India’s renewable energy targets
- India aims to accomplish its ambitious renewable energy goal of 500 GW by 2030.
- As far as solar energy targets are concerned, India aims to produce 280 GW by 2030. India’s installed solar capacity was 70,096 MW until 2023.
Government’s initiatives to promote solar energy generation
- The Government of India has launched several schemes to promote solar energy generation and achieve the targets. It includes Solar Park Scheme, VGF Schemes, CPSU Scheme, Canal bank & Canal top Scheme, Bundling Scheme, Grid Connected Solar Rooftop Scheme, etc.
- The government has also allowed 100% FDI through the automatic routes.
- These actions are expected to facilitate India’s net zero targets by 2070 and help create a green economy.
