Noida, UP -- (SBWire) -- 12/01/2010 -- Solar Home Lighting Systems can support small household loads and are promoted and prioritized through rural financial institutions. These systems are one way to provide electricity to non-electrified and under-electrified rural households. According to our research report “Indian Solar Energy Market Outlook 2012”, Solar Home Lightening Systems (SHLSs) will witness significant growth during 2010 - 2013 with compound annual growth of around 22%. The growth will be primarily driven by the state and central governments’ support, which has already been aligned by environmental objectives and clean energy goals.
Our report reveals that, SHSs have already experienced substantial growth during the past few years. Clean kitchen lighting and better quality of light for reading and studying are some of the benefits from SHSs. Our report also find that in addition to SHSs, solar Water Heating Systems will also witness significant growth during the coming years. SWHSs are used in many industries including textile, dairy, drugs and pharmaceuticals, pulp and paper, food processing, electroplating, fertilizer, and leather industry. However, hospitals, hotels, and college hostels are the prime target segments at the initial stage of SWHS installation.
According to our report, many states will start promoting solar water heating systems due to tariffs and initiatives offered by the Indian government. Additionally, many states have already started promoting solar water heating systems, for instance, Gujarat, Rajasthan, Delhi, etc. Further, Rajkot city has been selected to be developed as a Solar City during the 11th plan period by the Ministry of New and Renewable Energy. According to our analysts, many factors will fuel solar powered equipments industry in India, which will lead to more private players’ participation in this industry.
“Indian Solar Energy Market Outlook 2012” presents thorough study of Indian Solar Energy Market with state wise analysis of growth potential. The report provides current and future market scenario of Solar thermal and Photovoltaic segments including Solar Water Heating Systems, Solar Cookers, Street Lighting System, Solar home Lighting Systems, Solar Lanterns, Solar Power Plants, and Photovoltaic Pumps. The report provides regulatory developments of different states like, Rajasthan, Gujarat, Tamil Nadu, West Bengal etc. The report also covers key players’ analysis to provide relevant industry information to clients.
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Government Support to Drive Indian Solar Home Lighting Systems Market
Strong support by the state and central governments will drive the numbers of Solar Home Lightening systems to grow at a CAGR of around 22% by 2013, says RNCOS.