India Solar Energy Policy and Market Outlook for 2019 and Beyond to 2036

DUBLIN, Oct. 25, 2019 /PRNewswire/ -- The "India Solar Energy Policy and Market Outlook for 2019 and Beyond" report has been added to ResearchAndMarkets.com's offering.

With sufficient sunshine, India has a good motivation to develop its solar energy industry due to electricity and power shortages in urban and rural areas. Over the years, India's electricity demand has been growing rapidly. In 2017-2018, the peak demand for electricity reached 164.07 GW. In June 2018 alone, the peak demand reached 171 GW.

It is estimated that electricity demand will increase to 295 GW in 2021-2022 and to 690 GW in 2035-2036. Until 2034, India will need an additional 450 GW of electricity. The positive policy of the Indian government has attracted several vendors from various countries to invest in India.

In recent years, the Indian government has strived to promote the local market which has been lack of manufacturing capacity and competitiveness. Many foreign vendors have actively rushed into India to seize the market share by investing in factories or participating in the bidding. This report provides an overview of the economic development in India, outlines solar energy policies of the government, and analyzes its market and industry developments; examines challenges and opportunities of solar energy for India.

List of Topics

• Statistical and economic facts of India and includes its developments compared to other countries and its energy demand analysis
• Outline of solar energy policies of the Indian government
• Development of the Indian solar energy market size forecast in terms of GW for the period 2019-2036 and includes the outline of the government's initiatives and the anticipated benefits
• Analysis of key challenges for solar energy developments in India
• Analysis of market opportunities from an emerging application perspective

Key Topics Covered:

Companies Mentioned

• Airro Singapore Pte Ltd
• Airro(Mauritius) Holdings
• Asian Development Bank
• Azure Power India Pvt Ltd
• BLP Energy Pvt Ltd
• Diligent Power Pvt Ltd
• Enel Green Power Development B.V.
• Gamesa Eolica S.L
• Gamesa Wind Turbines Pvt Ltd
• Greenko Energies Pvt Ltd
• Greenko Mauritius
• Lalpur Wind Energy Pvt Ltd
• Mercom Capital Group
• Mudajaya Corporation Berhad
• Orix Corporation
• Ostro Energy Pvt Ltd
• Ostro Renewal Power Ltd
• Power Global Ltd
• Renew Power Ventures Pvt Ltd
• RKM Powergen Pvt Ltd
• SoftBank
• Tadas Wind Energy Pvt Ltd

For more information about this report visit https://www.researchandmarkets.com/r/43nasl

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/india-solar-energy-policy-and-market-outlook-for-2019-and-beyond-to-2036-300945609.html

SOURCE Research and Markets