The world’s largest single political jurisdiction to date, India, has made a strategic move to use a comprehensive system of feed-in tariffs to develop its renewable energy potential.
China had previously announced feed-in tariffs for wind energy only. The country is expected to reveal feed-in tariffs for solar energy later this year.
India’s Central Electricity Regulatory Commission (CERC) in New Delhi announced September 17, 2009 new regulations launching a system of feed-in tariffs for renewable energy, including both wind and solar energy.
India’s 1.1 billion people together with China’s 1.3 billion and the bulk of Europe’s 300 million inhabitants –about one-third of the world’s population– have committed to developing renewable energy with feed-in tariffs.