29 Apr '12, 9am

How India's creating the next big solar market

How India's creating the next big solar market

Benchmarks, Transparency and Monitoring: The Indian government urgently needs to increase the level of information available on the Mission’s progress, by enforcing period updates on the progress of each project, and making the commissioning system more consistent and transparent. Moreover, to increase confidence among investors in the solar market, project technology choices should be transparent and data on available sunlight (known as irradiance data) should be made publicly available. Strategic Financing: Central and state government agencies, with the leadership of India’s Ministry of New and Renewable Energy (MNRE), should develop a strategy to optimize the role of different funding sources and financial institutions. Some institutions are better suited for project financing, while others are needed to increase information, offer payment guarantees, support R&D, or b...

Full article: http://www.greenbiz.com/blog/2012/04/29/how-indias-creati...

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