As part of its emissions trading scheme, the United Nations Framework Convention on Climate Change (UNFCCC) has approved India’s largest solar project .
The Clean Development Mechanism’s (CDM) latest project is a 100 mw concentrated solar power (CSP) installation to be constructed in Rajasthan. Despite countless delays in the construction process India-based Reliance Power will complete the project under Phase 1 of the Jawaharlal Nehru National Solar Mission (JNNSM), India’s renewable energy programme.
Seven projects were awarded under Phase 1. A total of 470 mw of CSP projects, out of which 320 mw of projects were delayed forcing the Ministry of New and Renewable Energy (MNRE) to extend the deadline to next year.
As a large, emerging economy, India faces big challenges relating to energy and climate change. On the one side, the country has hundreds of millions of people without access to electricity and an economy demanding more energy to power growth.
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