26 Dec '13, 5am

India: A Solar Market You Cannot Afford to Ignore

Its difficult to conduct business in India. But this hugely overshadows the opportunities India offers to international businesses, particularly in solar. Businesses cannot afford to ignore India because it is the world’s best solar market for the following reasons: Over 300 days of clear sun across the country Energy demand-supply gap is consistently rising; more so with rising pressure on economic growth Capacity addition in conventional sources of power is tapering off Increasing under-utilisation of existing capacities Conventional power is increasingly becoming expensive The current lull in the market, influenced largely by the series of elections in the country, will gradually disappear by April 2014, when the country will go in for another national election to elect a new government. Six key states that saw local elections and new governments over the last few month...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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India: A Solar Market You Cannot Afford to Ignore

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