Companiesandmarkets.com Releases a Report on Indian Solar Energy Market

Companiesandmarkets.com is a company engaged in providing market research reports on products and companies. The company sources its range of information from various leading publishers and information providers and boasts details about around 500,000 markets and information of over 100,000 companies. Recently, the company has published a report on ‘Solar Energy Market in India’.

The Solar Energy Market in India report details the healthy status of the Indian economy and its escalating energy demand. The report discusses the steady growth of the manufacturing sector in India and the anticipated future power generation demand and the efforts made by the Indian government in encouraging clean energy, and various incentives available for renewable energy products such as wind and solar and the planned carbon credits for reducing carbon emission and how it will attract more investment in green sectors such as wind and solar energy.

The report put forth the following points in favor of solar energy. Availability of almost 300 sunny days a year to allow production of over 5,000 trillion kW of solar energy in a year, and increased solar radiation level up to 200 MW/km2. The Jawaharlal Nehru National Solar Mission (JNNSM) that targets around 20 GW by the year 2022 but has achieved only 9500 MW till date offering increased opportunities and the Indian government’s announcement in the recent budget about grid-based incentives and concessions for solar power production and duty reduction for imports.

The report discusses almost all the points related to solar market such as market segments, available technologies, analysis on PV industry, various incentives available, leading companies in the fray, bigger solar projects available and the future outlook of the market.

Some of the attributed reasons for the purchase of this report include easy understanding of the prevailing market potential for solar energy, to know its growth potential, availability of raw materials and supply, available incentives and production opportunities.

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