India eyes aggressive targets for solar park-generated power by 2020

It plans to double the power production.

According to Reuters, India will double the target for energy to be generated from solar parks by 2020, a top government official said, as roof-top installations progress slower than anticipated and U.S. company SunEdison's projects are threatened by its bankruptcy.

The solar parks are sought after by companies because the Indian government acquires land for the installations and sets up transmission lines, major attractions in a country notorious for red tape and public opposition to land transfers.

Debt-heavy SunEdison was one of the first companies to be drawn into the program to encourage solar use, bidding aggressively to win a 500 megawatt (MW) project in Andhra Pradesh state in India's south last November.

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