Solar Power Parks: Emerging as Grid Supply Solution in India

Thursday 20 December 2012, Amsterdam

Solar parks are growing in India as the best solution for grid solar power supply and also facilitating reduction in costs of the nascent technology. The government is also planning to develop large "solar parks", or clusters of units that can generate a total of up to 5,000 MW, and facilitate costs cutting. Various state governments are working towards the installation of these solar parks.
 
According to our latest research report, “Indian Solar Energy Market Analysis”, the country’s installed capacity for solar power generation has increased tremendously over the last few years. Rising electricity demand, high irradiation levels, favorable government policies, and huge investments are supporting the growth in the solar industry. The annual PV-installed capacity is anticipated to grow at a CAGR of 27% during 2011-2016.
 
The report also exhibits the emerging trends in Indian solar market as increasing production of solar PV products in the country, growing demand for off grid PV installation, etc. Further, it also covers the detail of installed and sanctioned projects in India by states. The report also offers a detailed knowledge of various state solar policies and government policies. In addition to that, the report covers analysis of various solar technologies related to PV and thermal applications including recent developments.
 
Further, our report, “Indian Solar Energy Market Analysis”, covers all the key aspects that clarify the picture of current Indian solar power sector. It highlights the industry performance and future outlook of solar power sector with an in-depth analysis of both solar photovoltaic & solar thermal technologies. The section includes various solar products as solar cooker, street lightening systems, home lightening systems, lanterns, power plants, PV pumps, solar powered telecom towers, and rooftops with their major manufacturers.
 
We have also studied how the regulatory environment and initiatives adopted by the government are boosting growth in the solar market. Further, through the section of key players, we have tried to provide an insight into the current market scenario and existing competition to our customers. Additionally, to provide a clearer picture of competitive landscape, we have also included recent developments of key players coupled with the comprehensive analysis of their strength and weakness. In all, the report presents a comprehensive look at the sector’s past, present, and future scenario of solar power parks in India.