Indian Solar Industry Report Available through Bharatbook

Oct. 1, 2011 - PRLog -- India is poised at the threshold of opportunity to grow and expand its role in PV adoption and manufacturing and potentially to become a global leader in this technology. Specific drivers for PV in India include the country’s rapidly rising primary energy and electricity needs, the persistent energy deficit situation, the country’s overdependence on coal for electricity generation and on oil and gas imports (amounting to 7% of its GDP). These factors coupled with India’s endowment with abundant irradiation, with most parts of the country enjoying 300 sunny days a year, make PV particularly attractive to the country’s energy strategy. There is enormous potential for off-grid PV deployment, in India, based on real needs and benefits, in the areas of rural lighting and electrification, for powering irrigation pump sets, back-up power generation for the expanding network of cellular towers across the country, captive power generation, urban applications and highway lighting. A robust PV industry in India would create jobs right across the value chain from R&D to manufacturing, installation, maintenance and opportunities for small entrepreneurs. Ministry of New and Renewable Energy (MNRE) suggest that about 100,000 jobs will be created by the PV industry by 2020. http://www.bharatbook.com/detail.asp?id=210221&rt=Indian-...

PV solutions have the potential to transform lives across India, where 450 million people rely on kerosene and other fuels to light up their homes. Given the persistent supply-demand gap, reliance on captive power generation is likely to continue into the foreseeable future. The enormous investments needed to build required electricity generation capacity as well as very high transmission and distribution losses on India’s electricity grid, are factors that will make PV an attractive choice for captive generation as well. Although wind currently dominates renewable sources of power generation in the country (accounting for 70% of total power generated from renewable sources), solar PV is expected to outpace wind in the longer term as the renewable source of choice. Today, however, PV constitutes a miniscule part of India’s installed power generation capacity with estimates in the region of 100 MWp, with grid connected solar PV generation at a mere 2.12 MWp. " marketing research report "

The application spread for PV in India today, is very different from the global mix of solar applications, where grid connected PV generation accounts for about 75% of installed capacity and off grid lighting and consumer applications for the rest. Although grid connected solar generation in India is currently very small, the MNRE is targeting a capacity of 50 MWp by 2012, through its Generation Based Incentives (GBI) program of 2008 (the equivalent of feed-in tariffs). MNRE reports indicate that India has 9 manufacturers of solar cells and about twice as many module makers. There is no current silicon feedstock or significant wafer manufacturing in India although recent proposals have been made to the government to build these lines. Almost all of India’s current solar cell production is crystalline silicon based while proposals are in the pipeline to build thin film module production lines. There are a number of balance-of-system (BOS) manufacturers in India who produce charge controllers, inverters and battery systems. Innovation and improvement in quality, reliability and efficiencies in the PV BOS area are seen by the Indian industry as being important success determinants, going forward.

The study provides a broad overview of the solar PV market in India. It provides the current status and future trends in solar PV manufacturing, technology, R&D, market dynamics, commercial and financial aspects, and government policies and market drivers in India. The study also identifies key market segments where solar PV can be implemented and evaluates the market viability and the size of these market segments. Based on these analyses, a set of recommendations has been made to enhance the growth and competitiveness of the Indian solar PV industry.

Table of Contents:

Executive Summary
Renewable Energy- A Compelling Imperative
Alternative Sources of Energy
Global Renewable Scenario
Indian Renewable Scenario
Solar Energy- Global Scenario
Global PV Market

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