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Solar PV market in India- Driving Solar Forward

As Panchabuta has often mentioned and believes, Solar in India is at a very interesting stage.

Panchabuta was the first to report that the Solar PV and thermal developers were shortlisted for the first phase of the Solar Mission the day after the developers had to submit their revised bid to the government (NTPC Vidyut Vyapar Nigam Ltd. (NVVN) ) for the first phase of the Jawaharlal Nehru National Solar Mission (JNNSM).

The planned capacity of SolarPV is about 150MW and Solar Thermal about 470 MW for the first state of the phase and 37 developers shortlisted in the first phase of National Solar Mission sign PPA totalling 620 MW. Also as Panchabuta had reported earlier this month all of the shortlisted developers have signed their PPA’s and this leaves us an interesting stage where the projects need to achieve financial closure and complete execution within stipulated timelines.

Apart from this the Indian state of Gujarat that has been in the forefront of Solar energy development has released a state specific solar policy.Gujarat government has set the ambitious target of installing 1,000 Mw solar power capacity by the end of 2012 and 3,000 Mw in next five years. In this regard, the state has already signed PPAs for about 934MW.

There have been international reports that have started saying that “India the top target for being the new Germany for Solar“.

In this backdrop of a lot of announcements and rapidly developing ecosystem, Panchabuta understands that, Infraline Energy  one of the premier service provider of critical business information, business intelligence and related services in the Energy Sector has decided to host a comprehensive Solar PV focused two-day industry conference on January 27-28, 2011 in New Delhi, India.

The conference spread over 2 days has about 9 sessions focused on the Solar PV India market from the perspective of various stake holders including government and industry.

 The sessions start with the Solar PV market scenario in India the government initiatives including the Jawaharlal Nehru National Solar Mission, the Solar Policy and mission of various states in India and the challenges and outlooks  and also the industry perspective on the National Solar Mission.

The first day ends with a very interesting session on Incentives, Returns, Tariffs and Advanced financial know-how’s and this would be of absolute to the numerous developers who have participated in the Solar Mission and those that are working with the different state governments.

It will also be interesting to see if this sessions covers the Renewable Energy Certificate (REC) based Solar Power Projects on an Independent Power Project(IPP) mode. Panchabuta is aware of a number developers that, are considering the same and want to become an early entrant in the Solar-REC space.

The second day seems to start off with a very interesting session on Opportunities, Challenges and Limitations of the Solar PV industry. The most important session of the day would be that of indigenous manufacturing of Solar PV: Government v/s Industry perspective. This has gone through a lot of debate here on Panchabuta and on numerous other forums and both have their own merits and demerits.

Also glad to see that there is a session dedicated to off-grid and on grid parity which is often not discussed in such forums. there is also a session dedicated to sectors like telecom and hopefully railways where Solar will definitely have a big role to play given the diverse infrastructure requirements they have where there is no grid connectivity available today.

Find more details about the conference- Solar PV market in India here.


  1. Interesting indeed.. looking forward to a 2 day PV extravaganza.

    In the current light, owing to the confident advances made recently at the federal & state level ( much of which is served piping hot by Panchabhutha ), the conference would be ripe with coveted insights !

    Even more so cause our MD kicks off the second day ;}

    Much light !

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