Thorough Planning of Solar Park Mitigates Risk for Investors, Locals

Publication | February 2013
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For 5 years starting in 2004, ADB studied the challenges and opportunities of building the world's largest solar park in Gujarat. The state as a solar hot spot is a region with high "direct normal irradiance levels."

This publication gives an overview of the solar power park, which has provided local employment, empowered communities, and transformed a desert into a tourist attraction.

Highlights

  • India’s Gujarat State passed a policy promoting the use of solar power to alleviate the escalating pressure to produce thermal energy arising from the country’s growing consumption.
  • The Charanka solar power park, poised to be the world’s largest photovoltaic power station upon its completion in 2014, was constructed using the build-own-operate mode.
  • Reduced and fixed solar power tariffs, favorable policies, capacity development, and education campaign drew the participation and sustained interest of investors, residents, civil society, and other key stakeholders.

Additional Details

Authors
Type
Series
Subjects
  • Environment
  • Energy
  • Clean energy
  • Private sector development
  • Public-Private Partnerships
Countries
  • India
SKU
  • ARM135392-2

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