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Research Report on Indian Solar Photovoltaic Market Outlook [2021]

  • Date Submitted: 10/22/2015 02:18 AM
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22nd Oct 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Research Report on Indian Solar Photovoltaic Market Outlook [2021]”.   The report discusses briefly about the technology related governing solar PV in India.

The word photovoltaic combines two terms photo   means light and   voltaic   means voltage. http://www.marketreportsonindia.com/energy-utility-market-research-reports-12901/india-solar-photovoltaic.html A photovoltaic system uses photovoltaic (PV) cells to directly convert sunlight into electricity. The primary strategy for use of PVs as the electrical power source for a residence is reducing the need for electricity. Refrigerators, air conditioners, electric water heaters, electric ranges, electric dryers, and clothes washers are all large users of electricity. Highly energy conserving alternatives and gas appliances are available to greatly reduce electrical loads. This report is about the market size of the solar PV market in India as the demand for power in India is a on a continuous raise. This report reveals how government is focusing on promoting the use of solar products for achieving grid parity. The report discusses briefly about the technology related governing solar PV in India. India has achieved cumulative installed capacity of 3 GW solar PV in the year ending 2014. Gujarat, Rajasthan, Madhya Pradesh,Maharashtra and Andhra Pradesh are the top 5 states which contribute more than 85% of the total solar PV capacity installed in the country. The government policies have been the main reason for the growth in the solar energy sector. Manufacturing facilities and the declining prices of the PV modules in India will make the PV market with a boom in the future.

According to India Solar Photovoltaic Market Outlook, 2021, the installed capacity for solar photovoltaic market in India is expected to reach 1500 MW till 2021. Crystalline Silicon type solar photovoltaics are expected to lead the market in terms of...


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