Government Initiatives to Boost Solar Power in India

Cumulative PV installed capacity in India is projected to grow at a CAGR of 47% during 2011-2016, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) December 3, 2012 - Government is playing vital role in the development of solar power sector in India. Owing to growing cost of conventional energy and declining cost of solar power, government is now aggressively focusing on solar power to meet the growing demand of power. Further, the Indian Government has issued various solar policies to achieve a certain amount of solar PV installation in the country in a pre determined time frame. In addition to that, every state of the country has separate solar policies. Now government is also encouraging solar PV manufactures to boost their manufacturing capacity to lessen the country's dependence on import in the field of solar PV products.

Further according to a recent research report by RNCOS, "Indian Solar Energy Market Analysis", the solar power sector in India is witnessing a tremendous growth on the back of above favorable factors. As per our research findings, solar PV installation in the country is growing at a rapid pace as in 2011-12, the total capacity addition in solar PV segment stood at around 468 MW. Moreover, in future, the cumulative PV installed capacity is anticipated to grow at a CAGR of around 47% during 2011-2016.

Further, our report provides an in-depth analysis of the industry performance & future outlook of solar power sector in the country. The section includes the detailed analysis of various solar products as solar cooker, street lightening system, home lightening system, lanterns and power plants etc. with their recent developments and major manufacturers in the country. Besides that, our report also explains the phases of implementation of different solar energy technologies in the country. The section covers the detail analysis of various solar PV & thermal technologies.

The report "Indian Solar Energy Market Analysis", by RNCOS covers the prominent areas of solar power sector like current scenario, emerging trends, industry performance & future outlook and solar energy technologies. Our report has presented a look at the sector's past, present, and future scenario. We have also studied how the regulatory environment and initiatives taken by the government are affecting the sector. Through the section of key players, we have tried to provide the complete picture of current market scenario & existing competition. In addition to that, the section also includes the comprehensive analysis of strength & weakness of the players coupled with their recent developments in the country.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM328.htm

Some of our Related Reports are:

- Indian Coal Industry Forecast to 2013 (http://www.rncos.com/Report/IM280.htm)
- Turkey Wind Sector Analysis (http://www.rncos.com/Report/IM338.htm)
- Indian Wind Energy Sector Analysis (http://www.rncos.com/Report/IM303.htm)
- Indian Solar Energy Market Outlook 2012 (http://www.rncos.com/Report/IM187.htm)

Check Related REPORTS on: http://www.rncos.com/energyutility.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: india coal production

Categories: Energy

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