Module 7/7: Indian Solar Market potential

Module 1 : Solar Technology Basics Module 2: Solar Photo Voltaic Module Technologies Module 3: Designing Solar PV Systems (Rooftops) Module 4: Designing Solar PV Systems ( Utility Scale) Module 5: Financial Analysis Module 6: DPR (Detailed Project Report) & EPC & EPC Module 7: The Indian Solar market potential

India  A country with immense potential for solar energy.  Lies close to the Equator.  Receives nearly 3000 hours of sunshine every year, equivalent to 5000 trillion kWh of energy.  Can generate over 1,900 billion units of solar power annually, which is enough to service the entire annual power demand even in 2030 (estimated).

Solar Energy Scenario

Investment Opportunities Joint Ventures Companies venturing with global PV manufacturers. General conditions by the Ministry, Secretariat for Industrial Approvals and the RBI. Export- Oriented Units Setting up manufacturing base in India 100% FDI Technology Development Govt. supported research organizations, colleges etc. Technology transfer

Growth Drivers  Rise in poly-silicon plants.  Demand Supply gap.  Demand for off-grid PV application.  Availability of funds.  Foreign trade growth.  Fall in prices of modules, inverters.  Geographical location.

Government’s Push  To assess the power scenario of India and analyse the efficacy of on-going initiatives by MNRE.  Bring out a realistic demand projection and capacity addition plan.  Evaluate likelihood of attainment of grid parity.  Analyze the robustness of existing evacuation system to handle the planned capacity addition.  Estimate the likely capital requirement for meeting capacity addition.  Gather feedback of relevant stakeholders.  To develop a holistic plan to achieve the objective.