Dropping solar power tariff rate is spurring the Indian photovoltaic generator market.
The report begins with an introduction
into the energy scenario in India. Installed capacity, demand supply
gap of power prevailing in India and hence the need for renewable
sources of energy is showcased. It gives a clear overview of the
components of a solar PV plant and the production chain of PV
technology. The market overview section provides an insight into the
photovoltaic market which includes the growth and size of PV market in
India. The breakup of types of PV modules that are used are also shown.
It concludes with a representation of a solar PV value chain.
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An analysis of the drivers explains
the factors for growth of the industry which includes feasible
geographical location of India, fall in prices of PV modules, depleting
coal reserves, energy deficiency condition in India, dropping solar
power rates, increasing cost of electricity from conventional sources,
and time of commissioning of PV projects. However few challenges plague
the solar PV sector in India which includes competition from Chinese
firms, lack of consumer awareness and the capital intensive nature of
solar PV projects.
Key trends in this sector like
production of portable solar PV generators, investments in domestic
solar PV power producing industry, rooftop power generation, and solar
hybrid generators are also highlighted. Upcoming applications of solar
PV in the telecom towers and rural ATM’s are also mentioned.
Special initiatives taken by the
regulatory bodies like the Ministry of New and Renewable Energy (MNRE),
Indian Renewable Energy Development Agency (IREDA), Solar Energy Centre
(SEC). R&D activities contributing to growth in photovoltaics are
also tabulated. Special attention is given to the growth engine of solar
PV in India, the Jawaharlal Nehru National Solar Mission (JNNSM).
The competition section begins with
the Porter’s Five Forces Analysis, illustrating the competitive rivalry,
bargaining power of suppliers and buyers and threat of new entrants and
substitutes. It outlays the competitive landscape of the photovoltaic
generator market in India briefing about the domestic players existing
in the market. This section provides a three dimensional analysis of
domestic key players’ revenues, profits and market capitalization. The
report also features brief profiles of major domestic players in the
market and a snapshot of their corporations, financial performance along
with the key financial ratios, business highlights and their product
portfolio providing an insight into the existing competitive scenario.
The report concludes with a section on
strategic recommendations which comprises an analysis of the growth
strategies for the photovoltaic generator market in India.
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