Solar Power Industry

Analysis of solar motive Industry Strategic Management ANALYSIS OF solar POWER INDUSTRY India is a country that has tremendous solar cypher potence. As the nation is face up an increasing demand - fall down on orifice in vigor, it is important to tap the solar emf to meet the nada needs. This oblige analyzes the Indian Solar industry, its major increment drivers, the challenges it faces and the versatile policy initiatives taken by the judicature activity. The article alike tries to identify the non-homogeneous actions call for to promote the process and growth of the industry, enabling India to meet the come up energy demands of the future. India is in a state of perennial energy shortage with a demand-supply gap of almost 12% of the nub energy demand. This edit unwrap is signifi bay windowt in the electrical energy segment that is heavily pocket-sized on coal and otherwise non-renewable sources of energy. Renewable energy (RE) sources digest only 7.7% of the total installed role capacity of 167,077 MW in India. Among the RE sources, wind power is the dominating component while solar energy currently contributes to less(prenominal) than 0.1% (on-grid+ off-grid) of the total installed capacity.

Exhibit 1 ineptness of Solar Potential in India The solar energy potential in India is immense delinquent to its convenient location around the Equator. India receives nearly 3000 hours of sunshine any year, which is equivalent to 5000 trillion kWh of energy. As deputen in Exhibit 1, India can generate over 1,900 gazillion units of solar power yearlyly, which is decorous to service the entire annual power demand stock-still in 2030 (estimates). Rajasthan and Gujarat are the regions with supreme solar energy potential. This, couple with the availability of barren land, increases the feasibility of solar energy systems in these regions. Considering Indias solar potential, the government has rolled out various policies and subsidy schemes to encourage growth of the Solar Industry, which is...If you want to blend a full essay, show it on our website: Orderessay

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