Going by the announcements made by the Government in the last few months, it looks like we are going to have an annual solar capacity addition at least doubled for the next three years or so. MNRE has a programme to bring out bids for 50000 MW RE capacity every year, with nearly 80% allocated for solar. There is a new resolve to install rooftop in one crore homes which adds to 30000 MW in three years. Even if it takes some time to ramp up installation from present 20000 MW per year to double, there is a possible optimistic case of adding about 1,20000 MW solar capacity by the end of 2026.
