India is hottest emerging solar market
Saturday, 7th May 2011
Large solar players such as First Solar and Suntech Power have both recently emphasized increasing sales in India. Part of the reason for the potential growth in India is that the country published a policy called National Solar Mission in January 2010 that calls for adding 20 GW of grid-tied solar energy generation capacity and 2 GW of off-grid projects by 2022. In addition, the Indian state of Gujarat also has its own solar incentive program.
The country�s renewable energy secretary on Thursday told reporters that the country plans to add 17 GW of renewable power generation capacity between 2012 and 2017, and that will need as much as 1.5 trillion rupees ($33.5 billion USD) to achieve. Most of that investment will have to come from the private sector though.
Publication : Giga om
TAGS : energy solar
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