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India can be a global solar power: Report

Lux Research solar analyst Ted Sullivan a couple of weeks ago predicted that India, South Africa, Russia, Brazil, Mexico, and the U.K. are among the countries best-suited to create the market demand for gigawatts worth of solar panels as established countries cool off.

Earlier this year in January, Panchabuta had talked about India being the top target for the new Germany for Solar based on Lux research analysis and our own understanding of the developments that are taking place in India.
According to reports, India has enough land to become a major international player in the solar power sector.
The report on ‘Concentrating Solar Power in India’, jointly commissioned by Ministry of New and Renewable Energy (MNRE) and the Australian Department of Climate Change and Energy Efficiency, has concluded that ‘India has sufficient land to allow solar power to make a major contribution to its energy mix,’ an Australian High Commission press release said.

 ‘India’s strong track record of technical success in every field that it has seriously engaged in, from wind turbines to car manufacturing, make it clear that a major player position in concentrating Solar Power is feasible,’ the report stated.

 The report was presented to Secretary (MNRE) Deepak Gupta May 13 by its principal author, Keith Lovegrove of the Australian National University.

We continue to believe that solar will take off in a very big way in about 6 years from now if the government persists with its Jawaharlal Nehru National Solar Mission and its commitment to development in the next plan period and beyond on a low carbon economy as it has indicated earlier.

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