With rising pro renewable sentiments across the globe, India opines no different in unfurling it’s significant RE potential courtesy the proximity to equator for solar power development and massive exploits available in terms of SHP, Wind and Biomass etc. Project development. With an upbeat scenario for RE in particular for solar, India looks poised to achieve big in terms of capacity additions by scaling up from currently a meager , 3GW in 2015 to a colossal 100GW by 2022. What lies in the core of the fact is the intent of GoI to crown solar power on the throne country’s RE capacity courtesy the continuous decline in the development cost coupled with “Make in India” initiative which further would be a hallmark in terms of scaling down the cost of equipment making the energy from sun more competitive with fossil based generation.
For making solar to drive the entire renewable portfolio, India is not leaving any stone unturned in dishing out not only the conventional but the also the eccentric opportunities. The unconventional opportunity space in solar power for a huge country like India remains untapped at large with not much of initiatives in this regard. The eccentric bucket majorly includes opportunities in solar rooftops, solar parks, solar pumps etc. Such Initiatives clearly in indicates the government’s intent to navigate solar from a low visibility zone to shine brighter.
Key Queries Resolved
- What would be the state wise potential of deploying solar power?
- How is the business environment in states for establishing solar power plants?
- What are the key driving factors for solar power generation in key states?
- Which are the most suited states for “Going Solar” in India?
- What could be the business case for solar rooftops, solar parks, solar UMPPs, solar pumps in India?
- What would be opportunity pie for domestic manufacturers with “Make in India” ?
- Which states could be the most potential sites for becoming the manufacturing hub for solar equipments?
- What would be the player wise opportunity track?
- What would be the possible impacts on the equipment manufacturers if India empanels a quality regulator for the sector?
- What could be the business case for PSUs for investing into solar and the region wise track?
- What could be tune of savings for DISCOMs vis-à-vis solar rooftop?