India Solar Energy Policy and Market Outlook for 2019 and Beyond (Pre-order)

August 2019 | 36 pages | ID: ID4235610F7EN
Market Intelligence & Consulting Institute (MIC)

Abstracts

With sufficient sunshine, India has a good motivation to develop its solar energy industry due to electricity and power shortages in urban and rural areas. Over the years, India's electricity demand has been growing rapidly. In 2017-2018, the peak demand for electricity reached 164.07 GW. In June 2018 alone, the peak demand reached 171 GW. It is estimated that electricity demand will increase to 295 GW in 2021-2022 and to 690 GW in 2035-2036. Until 2034, India will need an additional 450 GW of electricity. The positive policy of the Indian government has attracted several vendors from various countries to invest in India. In recent years, the Indian government has strived to promote the local market which has been lack of manufacturing capacity and competitiveness. Many foreign vendors have actively rushed into India to seize the market share by investing in factories or participating in the bidding. This report provides an overview of the economic development in India, outlines solar energy policies of the government, and analyzes its market and industry developments; examines challenges and opportunities of solar energy for India.

Contents

India Economic Development
India Energy Demand
India Energy Solar Policies
India Solar Energy Market and Industry
Solar Energy Development Challenges
Opportunities and Recommendations
Conclusions

LIST OF TOPICS

Statistical and economic facts of India and includes its developments compared to other countries and its energy demand analysis
Outline of solar energy policies of the Indian government
Development of the Indian solar energy market size forecast in terms of GW for the period 2019-2036 and includes the outline of the government's initiatives and the anticipated benefits
Analysis of key challenges for solar energy developments in India
Analysis of market opportunities from an emerging application perspective

LIST OF COMPANIES

Airro Singapore Pte Ltd
Airro(Mauritius) Holdings
Asian Development Bank
Azure Power India Pvt Ltd
BLP Energy Pvt Ltd
Diligent Power Pvt Ltd
Enel Green Power Development B.V.
Gamesa Eolica S.L
Gamesa Wind Turbines Pvt Ltd
Greenko Mauritius
Lalpur Wind Energy Pvt Ltd
Greenko Energies Pvt Ltd
Mercom Capital Group
Mudajaya Corporation Berhad
Orix Corporation
Ostro Energy Pvt Ltd
Ostro Renewal Power Ltd
Power Global Ltd
Renew Power Ventures Pvt Ltd
RKM Powergen Pvt Ltd
SoftBank
Tadas Wind Energy Pvt Lt