Future Bright for Indian Solar Sector

Delhi, India (PressExposure) May 14, 2009 -- According to our new research report, “Indian Solar Energy Market Outlook 2012”, India’s geographical location coupled with various schemes and incentives announced by the government will accelerate the growth momentum of Indian solar power Industry.

The report says that geographical location of India provides long days of sunny weather for the majority of the year. India is located at mid-low latitude and represents one the very sunny regions of the world. Most parts receive 4-7 kWh/m2 of solar radiations each day with 250-300 sunny days throughout the year, equivalent to more than 5,000 Trillion kWh, which is far beyond the annual power consumption of India. This allows solar energy to be a viable option for generating electricity for a large proportion of the population.

Moreover, the government of India has also announced various incentives to promote solar energy in the country. The Ministry of New and Renewable Energy (MNRE) has initiated many schemes such as subsidy, concessional duty on the imports of raw material, soft loan, elimination of excise duty on specific devices/systems etc. to increase the production as well as the use of solar energy in the country. Apart from this, the Ministry has set a target of establishing 10 Million square meter solar collector area by the end of 2022.

We strongly believe that several big national and international players along with direct and indirect support provided by the government will drive the Indian solar power industry in future.

Our research report “Indian Solar Energy Market Outlook 2012” provides an in-depth analysis of the present and future prospects of solar power industry in India. It gives information about the energy scenario (particularly renewable energy) and studies its major segments photovoltaic and thermal power. The report also provides strategic insight to clients to evaluate the opportunities for their success in India.

The research also features forecast on vital segments of the industry, including forecast on Indian Solar Market, Various Energy Indicators, Solar Street Lighting System, Solar Home Lighting System, Solar Lantern, Solar Photovoltaic Pumps, Solar Water Heating System and Solar Cookers.

For FREE SAMPLE of this report visit: [http://www.rncos.com/Report/IM187.htm]

Check DISCOUNTED REPORTS on: http://www.rncos.com

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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Press Release Source: http://PressExposure.com/PR/RNCOS_E~Services_Pvt._Ltd..html

Press Release Submitted On: May 13, 2009 at 11:52 pm
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