The potential of the renewable energy sector in Karnataka is estimated to be about 30000 MW of which the share of the wind energy is about 13323 MW and that of solar is 10000 MW which can be explored by private sectors investors. With the ongoing and proposed power projects taken up by KPCL, NTPC, IPP’s and renewable energy developers about 15535 MW is expected to be added to the installed capacity of the state in the next few years.
Considering the huge renewable energy potential yet to be tapped, the State can accomplish more substantial achievement to make it the leading renewable energy State in the Country. The State wishes to put due emphasis on accelerating the growth of renewable energy sector in future. As an initiative the State has issued “Solar policy 2014-2021” which sets aggressive solar capacity addition targets in the State during the coming years.
For more details please visit www.renewableinvest.in