Solar Energy Market in India is expected to reach US$ 41.73 billion by 2022.
Lewes, DE (PRWEB) August 26, 2014
India has set a target of achieving overall solar energy installed capacity of 20,000 MW by 2022. As per NOVONOUS estimates, this creates an US$ 41.73 billion opportunity in the solar energy market in India till 2022.
The solar energy market in India has started picking pace due to supportive government policies and ability of solar energy to be used for various applications other than generating electricity. Being a tropical country, India receives solar radiation with average intensity of 200 MW/Km2 with 250-300 sunny days in a year. As per government estimates, India receives 5,000 trillion kWh per year, with most parts of the country receiving 4-7 kWh per square metre per day. This provides huge opportunities for India to use solar energy for meeting the power demand from its burgeoning economy.
Solar energy market in India 2014 - 2022 report identifies solar energy potential and forecasts in various applications like rooftop solar PV systems, off-grid lighting systems, solar cities, solar water pumping, solar telecom towers, solar water heating systems, solar cookers and steam generating systems, industrial process heat applications, solar air conditioning / refrigeration, solar water purification / desalination and concentrated solar power (CSP).
For more information about this report, please visit Solar Energy Market in India.
The report aims at providing the reader a detailed view of the Indian solar industry with the use of analysis frameworks which help in identifying the political, economical, social and technical factors that determine the scenario of the market and the market forces prevailing in the industry. The Key challenges faced by existing players and the barriers for a new player entering into the market are also covered.
Solar energy market in India 2014 - 2022 report also identifies the role played by the central and the state governments by analyzing the incentives and subsidies offered by central and state governments. This report also provides details about risks associated with credit, policy and technical factors in Indian wind energy market.
Spanning over 248 pages and 205 tables & figures, “Solar Energy Market in India 2014 - 2022” report presents an in-depth assessment and forecast of the Indian solar energy market from 2014 till 2022.
The report also has detailed company profiles including their position in solar energy value chain, financial performance analysis, product and service wise business strategy, SWOT analysis and key customer details for following twenty key players in the Indian solar energy market:
- Akshaya Solar India Pvt. Ltd.
- Azure PowerIndia Pvt. Ltd.
- Central Electronics Ltd.
- E to E Energy Systems Pvt. Ltd.
- HHV Solar Technologies Pvt. Ltd.
- Indosolar Ltd.
- Longman Suntech Energy Pvt. Ltd.
- Lumos Design Technology
- MicroSun Solar Tech Pvt. Ltd.
- Naturetech Infrastructure Pvt. Ltd.
- Photon Energy Systems Ltd.
- Power Engineering & Automation Pvt. Ltd.
- Ritika Systems Pvt. Ltd.
- Surana Ventures Ltd.
- Tata Power Solar Systems Ltd.
- Taylormade Solar solutions Pvt. Ltd.
- Titan Energy Systems Ltd.
- Topsun Energy Pvt. Ltd.
- Websol Energy Systems Ltd.
- XL Energy Ltd.
For more information and to purchase this report, please visit http://www.marketresearchreports.com/novonous/solar-energy-market-india-2014-2022.
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