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Published on November 7th, 2011 | by Zachary Shahan


India Solar Market: 54 MW in 2010 to 9,000+ MW in 2016

November 7th, 2011 by  

solar power taxonomy india solar growth

Quick News: GTM Research and Bridge to India have published a new report,  The India Solar Market: Strategy, Players, and Opportunities, that finds that while solar power has had a minimal role in India’s energy mix to date, the sun-lucky nation is going to turn that all around and become a solar powerhouse in the next few years. Increasing power demand, increasing fossil fuel prices, an ambition national solar plan (the Jawaharlal Nehru National Solar Mission), solar incentives offered by states, renewable and solar energy quotas, and quickly falling solar costs are likely to drive the India solar market to over 9,000 megawatts (or 9 gigawatts) by 2016.

For more info, check out the link above or A Tale of Two Markets: How National and State Incentives Are Spurring Solar in India.

Image via GTM Research 


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About the Author

Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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