CM Sri N Chandrababu Naidu had lately briefed the situation with developing prospects within the state to become a solar energy hub. With the latest pact signed between Trina Solar, a Chinese giant and State govt, things are looking up for the state in the area of Solar Energy sector.
Below is a detailed note from CM explaining why this move is useful and productive for the new state of Andhra Pradesh in the current circumstances of growth. CM explains the way forward plans to make the state a renewable energy hub.
“I see Green Energy as the only way forward to a sustainable world. As part of our greening efforts, we are planning to implement a comprehensive action plan to make Andhra Pradesh a Renewable Energy Hub.
As part of this plan, we are targeting 5,000 MW of solar power and 4,000 MW wind power by 2019. This, I believe, will help us meet the twin objectives of energy security and clean energy.
Our Solar and Wind Policies have been formulated to promote the renewable energy sector. We are in the process of setting up a task force for expediting renewable energy projects.
Given that India is likely to see an unprecedented demand in solar power and capacity go up by 3,645 MW in 2016, I’m confident that Andhra Pradesh will become a crucial player in this segment.
Foreign players are now coming forward to invest in this sector in our state. In this direction, our Government has inked an MoU with China’s Xi’an LONGi Silicon Materials Corp for setting up of a solar module and cell manufacturing plant at Sri City SEZ.
I’m glad to inform you that yesterday our government signed another MoU with China’s Trina Solar to construct a photovoltaic cell production plant at Atchutapuram SEZ in Visakhapatnam district. This plant will be built in two phases and provide 3,500 jobs.
Currently, we share 10 per cent of the country’s target for solar power. I’m confident that more than 50 percent of India’s manufacturing capacity (of solar power) will be set up in Andhra Pradesh by 2019. This will make Andhra Pradesh rise as a Solar Hub in the world.”