Goa’s Solar Power Industry Aims for ₹325 Cr by 2027

Goa’s solar energy sector is undergoing a powerful transformation. With rising public awareness and strong government backing, Goa’s solar power industry is on track to reach ₹325 crore in turnover by 2027—almost nine times its current size.
This growth stems from progressive policies like the PM Surya Ghar Yojana and the Goa State Solar Policy. SPAG President Sandeep Naik emphasized that these initiatives created the most supportive environment for solar adoption in the state so far.

A Quick Look at Goa’s Solar Growth Trajectory

Goa currently operates 12 MW of installed solar power capacity, and 2 MW more is in progress. SPAG aims to scale this number to 65 MW by 2027. This sharp increase reflects the state’s ambition to lead India’s clean energy revolution.
Consumers are also stepping up their investment. Their total contribution will rise from ₹18 crore to ₹162 crore by 2027. This shift shows growing confidence in the benefits of solar panels and long-term energy independence.

Solar Sector to Generate Thousands of Jobs

Goa’s renewable energy push will create massive employment. The number of direct jobs in the solar energy sector will increase from 750 to 2,250. Indirect job opportunities will grow from 1,875 to 6,750. From technical installation to sales and maintenance, the sector offers various career paths.
Entrepreneurship in the solar space is also expanding. The number of solar entrepreneurs is set to triple, growing from 45 to 135 by 2027. More Goans are launching solar-based businesses and tapping into the benefits of solar power.

Government Support Accelerating the Shift

The government has disbursed ₹13.5 crore in subsidies through the state and sent another ₹5.37 crore directly to consumers. These subsidies reduced upfront costs, making solar panels more affordable for homeowners and businesses.
Goa’s solar industry already contributes significantly to public revenue. GST collections stand at ₹4.48 crore and may reach ₹39 crore by 2027, showcasing the sector’s expanding financial footprint.

Why Goa Leads in Green Energy Adoption

Goa has emerged as a leader in green energy due to multiple key factors:

• Efficient Policies: State-level solar rules enable fast and simple implementation.

• High Awareness: More citizens understand the economic and environmental benefits of solar panels.

• Eco Impact: Solar energy helps cut carbon emissions and fossil fuel usage.

• Jobs & Growth: The sector provides both skilled and entry-level opportunities across roles.

What’s Next for Goa’s Solar Future?

Goa aims to become one of India’s top clean energy states by 2027. To succeed, stakeholders must ensure steady infrastructure investment, awareness efforts, and financial access for all.
Public and private sectors need to collaborate closely to fully unlock the potential of solar power in Goa. A successful transition will not only deliver energy security but also establish Goa as a clean energy role model for the rest of the country.

FAQs

Q1. What is the current installed solar power capacity in Goa?
Goa operates 12 MW of installed capacity and is developing 2 MW more.

Q2. How much solar capacity will Goa achieve by 2027?
Goa targets 65 MW of installed solar power capacity by 2027.

Q3. What is the expected turnover of Goa’s solar industry by 2027?
Goa’s solar power industry aims to grow from ₹37 crore to ₹325 crore.

Q4. How many jobs will the solar industry create in Goa?
The industry expects to generate 9,000 jobs—2,250 direct and 6,750 indirect—by 2027.

Q5. What role does the government play in solar growth?
The government supports the sector through subsidies and policies that promote affordable solar panel adoption.

Conclusion
Goa stands at the cusp of a solar revolution. With clear policies, rising investments, and growing consumer trust, Goa’s solar power industry is set to lead India’s renewable journey. If you’re ready to join this green wave, explore reliable guidance, the best brands, and expert advice at solarclue.com and blog.solarclue.com—your trusted destination for everything solar.