Energy Private Limited
Energy in India
India has a vast supply of green energy resources, and has
a significant program for deploying these resources. The
Renewable Energy market in India is pegged at US$600 million,
growing at 15% per annum. The Government’s renewable
energy target by 2030 is 200 gigawatts, estimated to require
US$200 billion in capital investment. Currently, 3.5% of
installed capacity is in the renewable sector, producing
3700 MW. Renewable energy is projected to produce 10,000
MW by 2012.
Solar Energy Market Outlook 2012
Solar energy offers enormous potential for a tropical country
like India where around 45% of households, mainly rural
ones, do not have access to electricity, says a new research
report “Indian Solar Energy Market Outlook 2012”
from a leading research company RNCOS.
receives solar energy equivalent to more than 5,000 Trillion
kWh per year, which is far more than its total annual energy
consumption. The country’s geographical location,
large population and government support are also assisting
it to become one of the most rapidly emerging solar energy
markets in the world. Consequently, the country is becoming
a favorite investment destination for both local as well
as global players.
for solar products has been rising rapidly over the recent
years, especially in rural areas, and is expected to continue
growing substantially during our forecast period (2009-2012).
The total number of solar lanterns in India is projected
to grow at a CAGR of about 40% between 2009 and 2012.
energy a priority in Indo-German cooperation
By Zehra Naqvi Feb 02 2010 , New Delhi
in the fields of renewable energy and increasing energy
efficiency would continue to be priorities in Indo-German
development cooperation, German President Horst Kohler said
on Tuesday at a business session jointly organised by the
Confederation of Indian Industry (CII), Federation of Indian
Chamber of Commerce and Industry (Ficci) and the Indo-German
Chamber of Commerce (IGCC). He, however, stressed that climate
protection can work only with binding and verifiable rules
also emphasised the co-operation between the two countries
in the scientific sphere, and announced the setting up of
two new centres of science and technology. “Tomorrow,
we will inaugurate the Indo-Max Planck Institute for Computer
Sciences,” he said, adding that “the establishment
of a German House of Science and Innovation in New Delhi,
under whose roof German institutions will come together
and present themselves as partners for the future is imminent.”
The Max Planck Institute will be launched at IIT, New Delhi,
to carry out cutting-edge research in computer science.
Ficci, Harsh Pati Singhania, said he expected trade between
India and Germany to expand to 20 billion euros by 2012.
“Germany is India’s third largest trading partner,
so German capital and technology will be big areas of interest
for India,” he said.
from # http://www.india-reports.com/RNCOS/solar-mrkt-2012.aspx