An empirical analysis of Climate Change mitigation by Solar Energy

Abstract

The study is based on the data collected from the Ministry of New & Renewable Energy - Government of India to assess energy consumption across the country. This study also collected data from relevant agencies responsible for energy supply to various residential, commercial, industrial, and transportation sectors. The equivalent carbon emissions from the selected fuel and energy sources operations are calculated using Gen Less Tools, a unique and customised emissions calculation tool. India has surpassed Germany to become the world's fourth-largest solar power installation country. Solar power capacity has increased more than sevenfold in the last five years, from 6.7 GW in 2016 to 44 GW in August 2021. Solar tariffs in India are highly competitive and have reached grid parity. In nine states with a considerable percentage of solar power installed, emissions were reduced by 42227 thousand tonnes.