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Research and Markets Releases Report on Indian Solar Energy Market

Research and Markets has declared the availability of a new report titled, "Indian Solar Energy Market Analysis," in their list of report offerings.

According to the report, the country has adequate growth opportunities for the solar PV industry and it cites the favorable policies of the government, high level of solar irradiation and the ever growing demand for power as reasons for the growth. It anticipates that billions of dollars will be invested in the sector in future.

The report indicates that India is securely positioned to become a leading country in the solar energy generation. It explains the steps taken by the Indian government in installing large scale solar power projects and its growth in becoming a solar products manufacturing hub. It anticipates that fruitful execution of the Jawaharlal Nehru National Solar Mission (JNNSM) will assist the country in bringing down the international pressure related to emission levels.

It reports how the steps taken by the government in providing better infrastructural conditions has helped in producing solar power utilizing products such as solar street lights and solar water heating systems. The report states that most of the states in India have opted for solar PV power generation plants under the guidelines of National Solar Mission. It estimates that the solar PV installation capacity will witness a CAGR of approximately 44% during 2010-2013 period to achieve 900 MW power production by the end of 2013.

The report discusses the current market trends in terms of future growth prospects in the country. It also provides details on total PV installation capacity in important states to assist the users to successfully penetrate the market. The report also provides details on the companies such as Moser Baer India, TATA Solar and BHEL involved in the solar energy market.

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