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Follow on Google News | Strong Government Support to Drive Indian Solar Energy MarketAnnual PV installed capacity is anticipated to reach around 900 MW by 2013, growing at a CAGR of around 44% during 2010-2013, RNCOS acknowledged.
Ongoing research found that, India is poised to become a global leader in PV adoption and manufacturing. Specific drivers for PV in India include the country’s rapidly rising primary energy and electricity needs, overdependence on coal for electricity generation, and on oil & gas imports. These factors coupled with India’s endowment with abundant irradiation, with most part of the country enjoying 300 sunny days a year, make PV particularly attractive to the country’s energy strategy. Moreover, it is expected that, the annual PV installed capacity will reach to 900 MW by 2013, growing at a CAGR of around 44% during 2010-2013. The report outlines that, many states have started promoting solar based applications by providing incentives and tax savings. States, such as Gujarat and Rajasthan have formulated transparent and progressive regulatory framework to boost the solar industry. Besides, states, such as Delhi, Uttar Pradesh, West Bengal, Maharashtra, and Chandigarh are promoting solar energy in rural, urban, and semi urban areas. The latest industry research titled “Indian Solar Energy Market Analysis” by RNCOS provides comprehensive research and rational analysis of the solar industry in India. It thoroughly examines current industry trends, with focus on recent changes in the state and country level regulatory environment. The report provides valuable information to clients looking to venture into these markets and helps them to devise strategies for solar power in India. For FREE SAMPLE of this report visit: http://www.rncos.com/ Check DISCOUNTED REPORTS on: http://www.rncos.com/ # # # 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. End
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