ReferIndia News Govt mulls incentives to boost floating solar panel installation

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Govt mulls incentives to boost floating solar panel installation

Published on: May 11, 2026, 4:42 p.m. | Source: The Economic Times

India plans incentives for floating solar panels to spread renewable energy across the country. This aims to avoid concentration in a few states. The nation envisions significant renewable energy capacity and battery storage by 2050. Efforts are underway to boost domestic manufacturing of solar components. Addressing renewable energy curtailment and strengthening grid infrastructure are top priorities.

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