PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

India Solar Photovoltaic Market Shines Bright as the Government Encourages Private Investments Finds Frost & Sullivan - The Indian solar PV market has come of age in the last two to three years, with the market growing from a ten-member sector to a well-organized market with more than 30 world-class PV module and cell suppliers
India Solar Photovoltaic Market Shines Bright as the Government Encourages Private Investments Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mumbai, India, 2010/02/09 - The Indian solar PV market has come of age in the last two to three years, with the market growing from a ten-member sector to a well-organized market with more than 30 world-class PV module and cell suppliers.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The aggregate module production capacity rose from less than 60 MW in 2005 to more than 1 GW in 2009, setting India up as a possible major manufacturing hub for the global solar PV market.

New analysis from Frost & Sullivan (energy.frost.com), India Solar Photovoltaic Market, finds that the aggregate module production capacity in the market was 972 MW in 2008 and estimates this to reach 2,575 MW in 2015.

If you are interested more information on this study, please send an email to Ravinder Kaur/ Nimisha Iyer, Corporate Communications, at ravinder.kaur[.]frost.com / niyer[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

The market can look forward to large-scale private investments across the PV value chain, especially in the production of polysilcion feedstock, silicon wafers, PV modules and cells, as well as balance of system components.

"Successive reforms in the power sector and a plethora of policies initiated at the central and state level to control green house gas emissions and promote renewable energy has restored investor interest in the solar power industry," says Frost & Sullivan Industry Analyst Hemanth Nayak. "Several private firms are expected to make large investments to avail financial incentives and leverage the cost advantages of solar PV production in India."

The Indian Government has added impetus to the market by promoting solar energy to narrow the power deficit in the country. The Jawaharlal Nehru National Solar Mission (JNNSM) announcement in 2009 is expected to infuse the much-needed competitiveness in the domestic market. This program is mainly aimed at the wide-scale deployment of solar farms, roof top-based generation, and rural electrification.

The successful implementation of the NSM can vastly benefit module suppliers, solar PV/ solar thermal-based independent power producers (IPPs), and system integrators.

"The Indian solar PV market is likely to grow in terms of PV modules and cell exports to various developed nations in the world," notes Nayak. "In fact, up to 75 percent of the total module production in India is anticipated to find its way to different solar markets in the European Union (EU) in the next two to three years."

Despite the robust government backing, the market is hindered by the high capital expenditure and the risks posed by the lack for grid parity of large solar farms. Market participants will have to sort out the affordability issue if they desire wide-scale deployment of rural electrification programs. The country also lacks a well developed transmission and distribution (T&D) network for evacuation of solar power from remotely located plants.

Investors in solar power stand to gain greatly from the implementation of a renewable energy credit trading system, since it could significantly augment the chances of the development of solar farms, which are currently dependent on government subsidies.

Participants can feel hopeful about the future, as the solar PV market has already achieved global standards. In terms of quality, the PV modules and cells manufactured in India are considered at par with those manufactured in the developed nations.

"India, with its advantages of lower labor costs, offers domestic PV suppliers opportunities to manufacture economical, yet high quality modules and cells, enabling them to gain an edge in the world market," observes Nayak.

India Solar Photovoltaic Market is part of the Energy & Power Growth Partnership Services program, which also includes research in the following markets: India LV & MV Switchgear Market, Middle East Diesel Genset Market, Strategic Analysis of the Middle East Renewable Energy Sector. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

India Solar Photovoltaic Market / P2C8.

Contact:
Tanu Chopra
Corporate Communications – Middle East
P: +91 22 4001 3437
M: +91 98204 80089
E: tanu.chopra[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


India Solar Photovoltaic Market Shines Bright as the Government Encourages Private Investments Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Ravinder Kaur/ Nimisha Iyer 
+91 44 42044760 / +91 22 4001 3404 ravinder.kaur[.]frost.com / niyer[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants
Joint Wind Farm Pilot Project by ENGIE, EDP Renewables, La Caisse Des Dépôts, Eiffage/Principle Power, GE Selected from Call for Floating Wind Turbine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)