New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following statements about India's solar

    photovoltaic (PV) module capacity expansion is true, according to the joint report by IEEFA and JMK Research and Analytics?
    A India's PV module capacity will exceed that of China in the next three years. Correct Answer Incorrect Answer
    B India's cumulative module manufacturing nameplate capacity has increased by 100% in the past year. Correct Answer Incorrect Answer
    C Gujarat is the only state in India investing in PV manufacturing. Correct Answer Incorrect Answer
    D India is expected to become self-sufficient in PV manufacturing in the next three years Correct Answer Incorrect Answer
    E The report does not provide any information on India's PV module capacity expansion. Correct Answer Incorrect Answer

    Solution

    According to a new joint report from the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics, With 110 gigawatts (GW) of solar photovoltaic (PV) module capacity set to come online in the next three years, India will become self-sufficient and will be the second-largest PV manufacturing country after China. The report finds that India’s cumulative module manufacturing nameplate capacity more than doubled from 18GW in March 2022 to 38GW in March 2023. In terms of upcoming PV manufacturing installations, Gujarat is the leading state in India.

    Practice Next

    Relevant for Exams: