HIGH PRIORITY MARKET
India Solar Power Equipment Market Forecast and Opportunities
2020
Key Players in India
Tata Power Solar Systems Ltd
78, Electronics City, Phase I, Hosur Road, Bengaluru- 560100 India
T: + 91-80-677-2000 / 3000 W: tatapowersolar. com
Moser Baer Solar Group 43B, Okhla Industrial Estate, Phase- 3, New Delhi- 110020. India T: + 91-11-40594444, 26911570 / 74 W: moserbaersolar. com
Vikram Solar Pvt Ltd
The Chambers ', 8th Floor, 1865, Rajdanga Main Road, Kolkata- 700107 West Bengal, India
T: + 91-33-22307299 E: info @ vikramsolar. com, W: vikramsolar. com
EMMVEE Solar Systems Pvt Ltd
# 13 / 1, International, Airport Road, Bettahalasur, Post, Bengaluru-562 157, India
T: + 91-80-43233333, 43233511 E: info @ emmvee. in, W: emmveesolar. com
Websol Energy System Ltd
Falta SEZ, Sector – II, Falta, Village Birsa, Mouza Akalmegh, P. S Ramnagar, Dist: South 24 Pargana, West Bengal
T: + 91-3174-222932 E: websol @ webelsolar. com, W: webelsolar. com
Photon Energy Systems Ltd
Plot No. 26, H. No. 8-2-603 / 1 / 26, Silicon Banjara, Krishnapuram, Road No. 10, Banjara Hills, Hyderabad- 500034, Land Mark- Near Namasthe Telangana Office, Telangana,
T: + 91-40-23331337 / 1338 / 1339 E: contact @ photonsolar. in, W: photonsolar. in
Swelect Energy Systems Ltd
Numeric House ", 3rd Floor, No. 5, Sir P. S. Sivasamy Salai, Mylapore, Chennai-600004,
T: + 91-44-24993266 E: info @ swelectes. com, W: swelectes. com
Surana Ventures Ltd 5th Floor, Surya Towers, Hyderabad- 500003 T: + 91-40-44665700 E: solar @ surana. com, W: suranaventures. com
Premier Solar Systems Pvt Ltd
3rd Floor, V V Towers, Main Road, Karkhana, Secunderabad-500009 Telangana India
T: + 91-40-27744415 / 27744416 E: marketing @ premiersolarsystems. com W: premiersolarsystems. com
India consumes a large amount of fossil |
emissions in the coming years. |
fuels such as coal and crude oil to meet |
According to“ India Solar Power |
its domestic energy requirements. |
Equipment Market Forecast & |
Power and transportation sectors are |
Opportunities, 2020”, the solar power |
the leading consumers of coal and |
equipment market in India is projected |
crude oil in the country. Over the past |
to surpass USD4 billion by 2020, |
couple of decades, consumption of |
wherein solar energy would be |
fossil fuels for power generation in India |
generated by employing photovoltaic |
has increased significantly due to |
( PV) and concentrated solar power |
increasing urbanization and |
( CSP) technologies across the country. |
industrialization. However, considering |
Constantly improving solar equipment |
future energy requirements and |
technologies, advanced manufacturing |
concerns associated with fossil fuels, |
processes for production of hi-tech |
India has taken huge strides over the |
equipment and anticipated decline in |
past three years in developing its solar |
equipment prices is projected to further |
potential by implementing green growth |
drive the solar equipment market over |
agenda along with commissioning of |
the next five years. Launch of |
solar power plants in the country. |
Jawaharlal Nehru National Solar |
Generating energy by tapping sun’ s |
Mission by Government of India in 2010 |
radiation is expected to help India inch |
has been a major initiative taken to |
towards ensuring energy security and |
promote sustainable development of |
reduce the country’ s greenhouse gas |
the solar energy sector in the country. |
India Solar Power Equipment Market to cross USD4 Billion by 2020
Growing demand for renewable sources of energy and favorable government incentives to drive India solar equipment market through 2020. India is forecast to witness robust growth in solar power generation capacity due to rising focus of the government towards sustainable energy generation. Availability of abundant sunshine throughout the year makes the country an ideal location for solar power generation. Rapid population growth and increasing urbanization and industrialization is driving demand for energy, traditionally met by coal and crude oil. However, growing shift towards renewable sources of energy and favorable government initiatives have increased the share of solar power in the country’ s total energy generation mix. Under the Jawaharlal Nehru National Solar Mission( JNNSM), a capacity addition of 20,000 MW has been envisaged to be
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