Smart Grid

TMCNet:  KuicK Research: India Targeting 20 GW of Grid Connected Solar Power by 2022

[November 14, 2012]

KuicK Research: India Targeting 20 GW of Grid Connected Solar Power by 2022

(M2 PressWIRE Via Acquire Media NewsEdge) India is emerging as one of the leading solar PV markets in the world as the country is blessed with immense potential for solar energy as most of the states have more than 300 sunny days and the specific average annual solar energy yield in India is estimated between 1700 - 1900 kWh per kWp. Indian Solar power has the potential to generate 50,000 MW which would be enough to meet over 7% of power requirement by 2022. In addition to this, it can mitigate about 2.6% of carbon emissions and save over 71 MTPA of imported coal in that year equivalent to US$ 5.5 Billion of imports.
Story continues below ↓

Though, till now it plays almost non-existent role in the Indian energy mix in the next ten years primarily driven by rising power demand, increasing fossil fuel prices are expected to drive solar power installation and market is expected to show a significant growth. As solar technology cost incentive and require huge capital cost introduction of government incentives such as ambitious National Solar Mission (NSM), various state level initiatives, solar energy quotas for utilities are expected to fuel the growth in future.

India though its policy initiatives is trying to achieve 22 GW including 20 GW of grid connected and 2 GW of off-grid installation by 2022. In past few years Indian solar market has witnessed a rapid growth with installation about 300 MW in the year 2011 backed by strong central as well as state level policies. At the state level Gujarat is leading in installation backed by Gujarat Solar Policy 2009 and with a Renewable energy Portfolio Standard (RPS) of 5% for power-distribution companies to be increased to 7% for 2012.

Upcoming research report "India solar Power Sector Analysis" gives comprehensive details on the multiple aspect associated with solar power generation in India. Report helps to analyze the existing policy and regulatory framework at national as well as state level.

Table of Contents 1. India Renewable Power Landscape 2. India Solar Power Sector Landscape 2.1 Overview 2.2 Current Scenario 3. Solar Power Market Dynamics 3.1 Overview 3.2 Value Chain Analysis 3.3 Manufacturing, Trading & Services Opportunity Analysis 3.4 Technology Analysis 3.5 Cost Analysis 3.6 Emerging Trends in Solar Power Market 4. Solar Power Installed Capacity 4.1 Grid Connected 4.2 Off Grid 5. Operating Solar Projects in India 6. Upcoming Solar Projects in India 7. Decentralized Solar Power Development 7.1 Solar Cities 7.1.1 Development Plan 7.1.2 Financial Assistance by Government 7.2 Rooftop Solar System in Homes/Buildings 7.3 Solar Energy Systems 7.3.1 Solar Water Heating System 7.3.2 Solar Lanterns 7.3.3 Street Lighting 8. Solar PV Manufacturing 9. Factors Driving the Solar Power 9.1 Increasing Power Demand Supply Gap 9.2 Increasing Focus on Clean Energy 9.3 Favourable Policy Framework 9.4 Solar Power as Standalone or Decentralized Installation 9.5 Growth in PV Manufacturing Capacity 10. Jawaharlal Nehru National Solar Mission (JNNSM) 10.1 Overview 10.2 Objective & Targets 11. Government Initiatives & Schemes 11.1 Solar Power Purchase Obligation by States 11.2 Generation Based Incentives 11.3 Renewable Energy Certificate Scheme 11.4 Capital Subsidy Scheme for providing basic lighting needs through solar charging stations 11.5 Rooftop PV & Small Solar Power Generation Programme 11.6 Programme on Off-Grid and Decentralized Solar Applications 11.7 Concessional Customs & Excise Duty Exemption Certificate 11.8 Sate Level Policy initiatives 11.9 India Semiconductor Policy 11.10 Energy Efficient Solar/Green Buildings Scheme 11.11 Demonstration and Promotion of Solar PV Devices/Systems in Urban Areas and Industry 11.12 Solar Thermal Policy 12. Institutional Support Network 12.1 Ministry of New and Renewable Energy 12.2 Solar Energy Centre 12.3 India Renewable Energy Development Agency 13. Future of Solar Power in India 13.1 Future Outlook 13.2 Challenges to be Resolved 14. Market Developments 15. Key Players 15.1 Moser Baer Clean Energy 15.2 Tata Power Solar 15.3 Maharishi Solar 15.4 Reliance Solar Group 15.5 Titan Energy System Ltd.

15.6 Websol Energy System 15.7 Indosolar 15.8 PLG Power 15.9 Central Electronics Limited 15.10 USL Photovoltaics 15.11 Euro Multivision CONTACT: Himanshu Chawla info@kuickresearch.com +91-11-47067990 ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

(c) 2012 M2 COMMUNICATIONS

[ Back To Smart Grid Home's Homepage ]




blog comments powered by Disqus