| Solar energy offers enormous potential for a | | | | segments of solar power industry and their |
| tropical country like India where around 45% of | | | | market potential to serve the enormous |
| households, mainly rural ones, do not have access | | | | population of the country. It will help clients to |
| to electricity, says a new research report | | | | understand the market dynamics and get an |
| “Indian Solar Energy Market Outlook 2012” | | | | insight of the current and future outlook of solar |
| from a leading research company RNCOS. | | | | power market in India. |
| India receives solar energy equivalent to more | | | | Besides giving projections on various energy |
| than 5,000 Trillion kWh per year, which is far | | | | indicators, the report also gives forecast on |
| more than its total annual energy consumption. | | | | various segments of the solar power industry |
| The country’s geographical location, large | | | | based on feasible solar industry environment in |
| population and government support are also | | | | India. These include: |
| assisting it to become one of the most rapidly | | | | - Solar Street Lighting System |
| emerging solar energy markets in the world. | | | | - Solar Home Lighting System |
| Consequently, the country is becoming a favorite | | | | - Solar Lantern |
| investment destination for both local as well as | | | | - Solar Photovoltaic Pumps |
| global players. | | | | - Solar Water Heating System |
| Demand for solar products has been rising rapidly | | | | - Solar Cookers |
| over the recent years, especially in rural areas, | | | | The forecast given in this report is not based on |
| and is expected to continue growing substantially | | | | a complex economic model, but is intended as a |
| during our forecast period (2009-2012). The total | | | | rough guide to the direction in which the market is |
| number of solar lanterns in India is projected to | | | | likely to move. This forecast is based on |
| grow at a CAGR of about 40% between 2009 | | | | correlations between past market growth, growth |
| and 2012. | | | | of base drivers and possible impact of recession in |
| “Indian Solar Energy Market Outlook 2012” | | | | the economy. |
| provides a rational analysis and extensive research | | | | The report also includes detailed information about |
| on the solar power industry in India. It thoroughly | | | | the key players in the solar power industry of |
| examines the current industry trends which are | | | | India including BHEL, BEL, CEL, TATA BP Solar |
| adding to the growth of solar power market of | | | | India Limited, Moser Baer India Limited, Applied |
| the country. The report highlights the emerging | | | | Materials, Inc, and Solar Signet. |