Wednesday, July 29, 2009

India Unveil First Solar Power Target

India will unveil its first solar power target as soon as September, pledging to boost ouptut from near zero to 20 gigawatts (GW) by 2020 as it firms up its national plan to fight global warming, draft documents show. The target, which would help India close the gap on solar front-runners like China, is part of an ambitious $19 billion, 30-year scheme that could could increase India's leverage in international talks for a new U.N. climate pact in December, one of several measures meant to help cut emissions.If fully implemented, solar power would be equivalent to one-eighth of India's current installed power base, helping the world's fourth-largest emitter of planet-warming greenhouse gas emissions limit its heavy reliance on dirty coal and assuaging the nagging power deficit that has crimped its growth. The "National Solar Mission", yet to be formally adopted by Prime Minister Manmohan Singh's special panel on climate, envisages the creation of a statutory solar authority that would make it mandatory for states to buy some solar power, according to a draft of the plan, which provided detailed proposals for the first time, obtained by Reuters,

For Further Details Visit At:www.reuters.com/article/latestCrisis/idUSDEL104230

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