Overview of the Solar Energy sector in India
Overview of the Solar Energy sector in India
India has a vast supply of green energy resources, and has a significant program for deploying these resources. An exclusive ministry for renewable energy called Ministry of Non-conventional Energy Sources later renamed as Ministry of New and Renewable Energy (MNES) has also been set up.
According to the recent report on Renewable Energy in India from India-Reports the Renewable Energy market in India is pegged at US$600 million, growing at 15% per annum. The Government’s renewable energy target by 2030 is 200 gigawatts, estimated to require US$200 billion in capital investment. Currently, 3.5% of installed capacity is in the renewable sector, producing 3700 MW. Renewable energy is projected to produce 10,000 MW by 2012.
Solar Energy in India
Solar Energy is one of the fastest growing sectors of the Renewable Energy Sector in India. The estimated potential of Solar Energy in India is 5000 trillion units per year.
Private investors have invested US$20 billion to build plants to make photovoltaic cells. The Government of India has announced incentives to manufacture solar cells and panels.
Most of the expansion in India is to primarily cater to global demand for solar energy infrastructure. The demand in India for solar energy generation infrastructure is growing at 25% per annum.
The solar energy industry requires additional incentives by the government to encourage solar power adoption to give an added boost to the sector in India.
Some of the major trends in Solar Energy Generation in India are:
1. Solar tracking mechanisms – collectors or parabolic dishes that track the movement of the sun and move accordingly
2. High efficiency photovoltaic cells – With an efficiency of 13% with single crystal silicon, no moving parts and easy maintenance
3. Cells with concentrators to become effective and deliver same results with lower intensity of sunlight or fewer cells
The major constraint to Solar Energy Generation in India is the high initial costs for setting up.
The solar energy industry requires additional incentives by the government to encourage solar power adoption to give an added boost to the sector in India.
Read more about the different sources of renewable energy in India, installed capacity and potential here http://www.india-reports.com/summary/energy.aspx
Questions and Answers
Article Tags:
renewable energy in india
,green energy in india
,renewable energy sector in india
,solar energy in india
,wind energy in india
,generation of renewable energy in india
,generation of solar energy in india
28th February is National Science day and part of the theme this year was ‘Clean Energy Options'. This is a rather relevant theme as India races towards greater ‘development' and concerns of pollution, global warming, loss of trees and environmental bio-degradation rear their ugly head.
Barack Obama has triumphed as the new President of the United States, vowing to change the face of the economy and protect the environment at the same time. Can he really do it?
Critical Factors for Achieving Commercial Breakeven in Renewable Energy (Abhishek Uppal) There are a number of key sensitivities that affect the point at which renewable technologies hit the commercial breakeven points. In their research, analysts have pointed out how four sensitivities are particularly important: The regulatory framework Regulation is important for low carbon technologies. These technologies can be expensive and costs need to be brought down the learning curve....
Going green is the new mantra for the telecom industry. The rapid network growth in the last 10 years has increased global greenhouse gas emissions by the industry. Energy cost is one of the largest cost component for the industry where the profit margins are under pressure. So the telecom industry has embarked on a series of new inititatives to improve the energy efficiency of network equipments and reduce their associated carbon emissions. The goal is to become carbon neutral soon.
An introduction into green careers in wind, solar, nuclear, hydro, fuel cells, smart grids and agribusiness.
This study was carried out to determine the use of solar energy to dry agricultural products such as fresh sliced Okro, Banana and Yam from 4kg, 4.55kg and 5kg respectively to a preservation level by reducing it to an average mass of 2.05kg, 2.85kg and 3.10kg within three days using natural convection.
In USA, one of the leading brands that offer diverse and high quality products promoting proper hygiene is Difresh USA. If you are looking for the best opportunity to grow and have the opportunity for a new business Difresh USA can help you for they are looking for Exclusive Local Distributors
Getting clean and refresh doesn't sacrifice the place where you are for it should be a habit. Having a healthy body will allow you to do things right and good. And no matter where you are you should practice a healthy and proper hygiene even in little things you do.
Maintaining a healthy and proper hygiene badly needs products that are truly effective and could truly answer our need for this. No matter where we are and at anytime we want to get clean we basically need these products right away and only Difresh USA can supply these in a very easy way
The key reason why some firms thrive while some implode during an financial recession is still a puzzle to many people business-owning business owners. Some wrongly assume that all businesses should suffer via recessionary cycles. But the truth is that some companies are usually essentially recession-proof, and it is not necessarily because they are much larger, better known, or a lot more generously capitalized.
Companies like Arch Coal (ACI) and Massey Energy (MEE) watched his or her stock climbed.
Inflation is often one of the most misunderstood economic indicators. While inflation is broadly understood as the general rise in the prices of goods and services year on year, inflation is a more complex phenomena associated with the money supply and currency values.
The rate of unemployment is steadily increasing in India. This is because of the increase in the labor force with no equivalent increase in the number of jobs. The problem is also that of the huge numbers of educated unemployed who are not able to find jobs matching their skills.
India ranks 134 out of 182 countries on the Human Development Index and 113 out of 157 countries on the Gender Development Index. The HDI and the GDI are measurements of a decent standard of living, life expectancy and literacy of a country. India belongs to the mid-HDI group of countries.
India is facing a lot of issues in water management from lack of adequate storage facilities, depleting groundwater resources, corruption and water sharing disputes. Massive investments in infrastructure is required at all levels from community watershed management to huge reservoirs.
India is growing through a water shortage crisis which is expected to get only worse. India’s water requirements are predominantly met by errant rainfall and infrastructure to store this water is sadly lacking. Urban water requirements are met by groundwater resources which are also being depleted by overcrowding of the cities.

