The Report provides details on Solar PV i.e. Photovoltaic power generation, energy scenario in India, market overview, key trends, future applications of solar PV in the telecom towers and rural ATM’s, and competitive landscape of the photovoltaic generator market in India.
The highlights of this report are the information given on the key trends such as production of portable solar PV generators, investments in domestic solar PV power producing industry, rooftop power generation, and solar hybrid generators. It also gives an analysis of the growth strategies for the photovoltaic generator market in India.
According to the reports, there is a tremendous growth in the spurring Indian photovoltaic generator market, due to the decrease of solar power tariff rates. The report says that, the solar PV power generation is a superior form of clean energy technology with vast potential and it draws upon the sun, which is the planets most extensively distributed renewable energy resource. The report also contains information on dynamic market influenced by the photovoltaic generator which provides a detailed study of the equipment’s market in the country and its increasing role in the solar power generation infrastructure.
In this report, it gives an introduction of the energy scenario in India which includes installed capacity, demand supply gap of power prevailing in India and the need for renewable sources of energy. It also gives clarity on the components of a solar PV plant and the production chain of PV technology. The market overview section provides data on the photovoltaic market which includes the growth and size of PV market in India along with the types of PV modules that are used and a representation of a solar PV value chain. As per the analysis of the drivers, feasible geographical location of India; fall in prices of PV modules, depleting coal reserves, energy deficiency condition in India, dropping solar power rates, increasing cost of electricity from conventional sources, and time of commissioning of PV projects are the factors for growth of the industry. The major challenge of the solar PV sector in India includes competition from Chinese firms, lack of consumer awareness and the capital intensive nature of solar PV projects.
According to the report, regulatory bodies like the Ministry of New and Renewable Energy (MNRE), Indian Renewable Energy Development Agency (IREDA), Solar Energy Centre (SEC) are taking some special initiatives along with R&D activities contributing to growth in PV in India and has also given data on the growth engine of solar PV in India, the Jawaharlal Nehru National Solar Mission (JNNSM).
The report says that, the analysis gives information on the competitive rivalry, bargaining power of suppliers and buyers and threat of new entrants and substitutes. It provides data about the domestic players existing in the market. It also provides a three dimensional analysis of domestic key company revenues, profits and market capitalization. The research report also gives data on the major domestic players in the market and a snapshot of their corporations, financial performance along with the key financial ratios, business highlights and their product portfolio which provides an insight into the existing competitive scenario.