| Solar Photovoltaic Market in India 2010 Solar | | | | The key challenges identified are high costs for |
| photovoltaic (SPV) market in India is at nascent | | | | setting up large scale grid connected solar PV |
| stage but has huge potential to grow. The SPV | | | | projects, lack of supply of silicon wafers, lack of |
| capacity in India is 100 MW. The market | | | | standards, land acquisition problems, lack of |
| comprises of 20 companies engaged in the | | | | consumer awareness. |
| business of solar PV modules and 15 companies | | | | The report covers the various initiatives |
| engaged in the business of solar PV cells while | | | | undertaken by the Government of India with the |
| there are 50 companies that are engaged in the | | | | major initiative being the Jawaharlal Nehru National |
| assembly and supply of PV systems. ( ) | | | | Solar Mission. Other initiatives include generation |
| The overview section provides an introduction to | | | | based incentives, focus on R&D, fiscal incentives, |
| the overall renewable energy market including the | | | | special incentive package, Akshay Urja shops, |
| share of renewable energy in the overall power | | | | remote village lighting program and various State |
| sector in India, growth, and the share of the | | | | funded initiatives. The report also discusses the |
| various segments of renewable energy, followed | | | | current market trends including tie-ups between |
| by a brief study on the photovoltaic technology | | | | domestic and foreign firms, introduction of EMI |
| and the overall solar photovoltaic market in India | | | | schemes, telecom towers adopting solar PV |
| including region-wise distribution. An analysis of | | | | applications, thermal power companies diversifying |
| drivers reveals that abundant solar radiation, rise | | | | into solar photovoltaic segment. The competitive |
| in foreign trade, fall in prices of raw materials, | | | | landscape includes the profile, expansion plans of |
| availability of funds, demand for off-grid PV | | | | the players in the market. The report also covers |
| applications, demand – supply gap and rise in | | | | key developments in the sector. |
| polysilicon plants is driving growth in this sector. | | | | |