The number of solar street lighting systems is anticipated to grow stupendously during FY 2011-2014, growing at a CAGR of around 37%, says RNCOS.
Noida, UP -- (SBWIRE) -- 05/08/2012 -- Solar street lighting system employs PV technology to convert sunlight into DC electricity through solar cells. The generated electricity can either be utilized directly during the daytime or can be stored in the batteries for usage during the night time. Due to vast untapped potential, particularly in the isolated rural regions, where grid connected electricity is not accessible, solar-based street lighting systems are the ideal options. The Indian Government is offering incentive and tariffs to augment installations of solar street lighting systems as they decrease reliance on traditional energy sources. For instance, the implementation of the Jawaharlal Nehru National Solar Mission by the government has enabled to bring stability to the power sector. Backed by all these factors, the number of solar street lighting systems is expected to grow at a CAGR of 37% during FY 2011-2014 according to a new research report by RNCOS, “Indian Solar Energy Market Analysis”.
The report focuses on the growing marketplace for solar industry at the domestic level and analyzes the current market trends along with future growth prospects of the industry. It integrates detail data on cumulative installed PV capacity and future market potential of the key states, thereby, helping clients in identifying factors critical to their successful market penetration. Besides, the report also provides detailed information about various Government policies, incentives, and schemes at state and central level, thus offering a gainful insight of government support in this sector.
The future forecasts for the industry are based on the sum of our economic and judgmental analysis, and most importantly, while doing it so, due consideration has been given to the increasing interest for superior quality and affordable treatments. In this way, our report depicts the most unbiased picture of the Indian Solar Energy Industry, which will prove vital to the clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM328.htm
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