India to install 12 GW of solar in 2016

This year, India pledged to add 100 GW of PV capacity by 2022 under its National Solar Mission. On the first day of the climate talks in Paris, Indian Prime Minister, Narendra Modi said that 4 GW has already been installed to date, while next year will see 12 GW of new solar capacity added. This is am ambitious figure and much higher than the 3.64 GW Mercom Capital expects to see.