Archive · 24 Jul 2025
Goa's Solar Industry to Reach ₹325 Crore Turnover by 2027
Goa's solar power industry is expected to grow a lot in the next few years.
This means more money for businesses and more jobs for people.
The government is helping by offering money to people who use solar power.
The state has already installed a certain amount of solar power and plans to add more.
By 2027, the industry hopes to make much more money and employ more people.
The government has also given out money to help with the costs, which also increases tax collection from the solar sector.
Goa's solar industry turnover is projected to reach ₹325 crore by 2027.
Job creation in the solar sector is expected to rise significantly by 2027.
The industry estimates a total installed solar capacity of 65 MW by 2027.
Cumulative consumer investment is projected to increase to ₹162 crore.
The government has disbursed subsidies totaling ₹18.87 crore.
- Who
- Solar Power Association of Goa (SPAG)
- What
- Goa's solar industry is expected to expand significantly.
- When
- By 2027
- Where
- Goa
- Why
- Due to government policies and increasing investment.
- Projected Turnover by 2027
- ₹325 crore
- Current Installed Capacity
- 12 MW
- Projected Installed Capacity by 2027
- 65 MW
- Current Consumer Investment
- ₹18 crore
- Projected Consumer Investment by 2027
- ₹162 crore
- Current Direct Employment
- 750
- Projected Direct Employment by 2027
- 2,250