India Set to Expand on Global Solar Energy Map in Coming Years

Support from the government, and, interest of global solar energy players will drive the annual PV installed capacity to grow at a CAGR of around 134% during 2009-2013, says RNCOS.

 

Noida, UP -- (SBWIRE) -- 04/07/2011 -- According to our research report “Indian Solar Energy Market Outlook 2012”, Indian solar energy industry exhibits huge potential to become one of the top producers of solar energy in the world in coming years. The country receives about 300 sunny days annually, which is very favorable for harnessing this source of energy. The sector is now receiving continuous support from both the central and the state governments, as well as, activities from international players is increasing. With the implementation of the National Solar Mission, it is expected that the annual PV installed capacity will grow at a CAGR of around 134% during 2009-2013.

Our research has found that many Indian states (e.g. Rajasthan - there are no grid connectivity charges apart from regular tariffs provided by MNRE) have formulated transparent and coherent regulatory environment to boost the domestic solar equipment manufacturing. Additionally, the global environmental obligations related to climate change are shifting the Indian government focus from conventional to non-conventional energy sources.

Further, our report provides thorough research and prudent analysis to determine the direction, in which, the Indian solar energy market is likely to move in next few years. The report is divided into two segments, thermal and photovoltaic, and provides forecast for growth in both segments. It also includes state level analysis, including Rajasthan, Gujarat, Tamil Nadu, Maharashtra, West Bengal, Delhi, Chandigarh, Uttar Pradesh, and Karnataka, based on recent regulatory changes and growth in the solar industry. The report thoroughly studies key industry indicators and players in the Indian solar industry.

“Indian Solar Energy Market Outlook 2012” evaluates prevailing trends and provides valuable information about the solar industry in India. Our team of experts has taken their utmost effort to understand the current trends. The report reflects the true picture of the Indian solar industry to help clients in making prudent investment decision.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM187.htm

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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.