Noida, UP -- (SBWire) -- 06/26/2015 --In an energy-starved country like India, there is tremendous potential for increasing the share of solar energy, as the cost of the solar panels has dropped by a whopping 60-70% during the last couple of years. Even the efficiency of the module has increased by 10-15%. This is easing the pressure on the investment for setting up a solar park infrastructure as more than half of the project cost is associated with procuring of solar PV modules. Further this is boosting the Rooftop solar PV installation, where the grid connectivity is not cost-effective.
With the government initiatives and state favorable policies, reduction of PV module price is propelling the sanction of number of solar parks, with an objective of achieving 100GW by 2022.
The report "Indian Solar Power Industry Outlook 2020", by RNCOS, provides an in-depth research and rational analysis of the current status and future growth prospects of the India solar power off-grid and grid market. Besides that, the report exhibits the emerging trend and drivers which are boosting the India solar power market.
Report, thoroughly discusses Indian solar power market by PV installed capacity, market size of application based off-grid solar products and grid based segment growth. Apart from the statistical data analysis, a qualitative data of off-grid and grid based analysis of top solar power generation states is included in the report.
The domestic competition among the players in Indian solar power is intensifying with the days passing by. Thus we have tried to provide the insight of current market scenario and existing competition to our customers in competitive analysis which also covers recent activities by these players. In all, the report presents a comprehensive look at the sector's present and future scenario.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM740.htm
Check Related REPORTS on: http://www.rncos.com/energyutility.htm
About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
Declining Photovoltaic Module Cost Accelerating the Indian Solar Energy
India Solar power annual PV installed capacity is anticipated to grow at a GAGR of around 14% during the forecasted period 2015-2020 says RNCOS.