Photovoltaic Generator Market in India 2014 report
states that the renewable energy sector is gaining prominence in India. With
the country facing a continuous shortfall in the supply of conventional sources
required to meet the increasing demand for energy in recent years, the focus is
gradually shifting from conventional to renewable sources of energy. In order
to reduce the current demand-supply gap for electricity within the country, the
renewable energy sector has to be given high importance. With several solar PV
projects coming up under the Jawaharlal Nehru National Solar Mission (JNNSM),
the demand for PV cells and modules is expected to increase significantly.
Moreover, the capital costs involved in setting up solar PV projects in India,
along with the feasible geographical location of the country that enables it to
receive around 3,000 hours of sunshine each year, makes solar PV a highly
viable option for electricity generation. The domestic solar PV industry has
also attracted significant investments over the past few years. These factors
will ensure that the market continues to exhibit steady future growth.
The Government of India is actively involved in the
development of the renewable energy sector. Through its various programs, it
has directly and indirectly benefitted the solar PV industry. The market is characterized
by high competition among players. Although the import of low cost products
from China has had a negative impact on the business of organized players, the
market continues to exhibit steady growth which is expected to benefit the
industry as a whole.
Spanning
over 111 pages “Photovoltaic Generator
Market in India 2014” report Provide Executive Summary, Macroeconomic
Indicators, Introduction, Market Overview, Drivers & Challenges, Trends,
Applications of Solar PV, Government Participation, Competitive Landscape,
Strategic Recommendation, Appendix. This Report Covered 15 Companies - Public
Companies (Bharat Heavy Electricals Ltd., Indosolar Ltd., Moser-Baer India
Ltd., Websol Energy System Ltd., XL Energy Ltd.), Private Companies (Central
Electronics Ltd., Lanco Solar Pvt. Ltd., Photon Energy Systems Ltd., Reliance
Solar Pvt. Ltd., Tata Power Solar Systems Ltd., Titan Energy Systems Ltd., USL
Photovoltaics Pvt. Ltd., Vikram Solar Pvt. Ltd., Azure Power India Pvt. Ltd.,
Maharishi Solar Technology Pvt. Ltd.).
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