Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Telecom Tower Market a 2 GW Solar Power Opportunity in India

 
According to Bridge to India’s latest quarterly market analysis, The India Solar Compass, 2GW of solar power could be installed in conjunction with telecom towers in India by 2016.

According to Bridge to India, “this segment is emerging as a front-runner among diesel-parity based market segments for solar PV solutions.”

While this segment hasn’t taken off already, due to the capital expenditures required by the telecom company as well as the cost of operating and maintaining the systems, solar’s tremendous cost reductions in the past year, combined with more supportive solar policies in India, have made this investment a very attractive one for telecom tower companies.

Bridge to India “believes there is now traction in the market, leading to the emergence of a new model of operations, the Renewable Energy Service Company (RESCO) model,” the solar market analysis and consulting firm writes. “The RESCO business model is described in greater detail in the latest edition of the India Solar Compass. In addition, the report details the commercial opportunity as well as market potential associated with the telecom tower solar opportunity. The analysis also highlights the key factors that impact the maximum cash demand, profitability and project life-cycle involvement and therefore the overall financial viability of the RESCO business model.”

All in all, Bridge to India sees this as an immediate business opportunity for companies in the solar and telecom sectors. We’ll see if they really tap it and increase solar power capacity at such towers 2 GW by 2016.

Image: cell tower & solar panels courtesy shutterstock


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. 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, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Climate Change

Now an “extremely severe cyclonic storm,” Tropical Cyclone Tauktae has already killed at least 12 and forced nearly 150,000 people to evacuate along India’s western coast over...

Clean Power

The Indian government has announced a new incentive scheme to boost manufacturing in the solar power sector. Through this scheme, the government plans to...

Clean Power

One of India’s largest renewable energy generation companies, Adani Green Energy, has reported stellar financial performance during the first quarter of this year. According...

Clean Power

One of India’s largest renewable power companies, Tata Power Renewable Energy, has secured the rights to develop a large solar power project. According to...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.