Thursday, November 10, 2011

India’s Solar Market to Reach 9 GW by 2016

India could see over 9 GW of solar installed between 2011 and 2016, according to the report The India Solar Market: Strategy, Players, and Opportunities from GTM Research and BRIDGE TO INDIA.

At year-end 2010, India had 54 MW of installed grid-connected solar. However, recent feed-in tariff allocations from the NSM and the state of Gujarat’s Solar Policy promise to increase that installed capacity six-fold to approximately 365 MW by the end of 2011 and, furthermore, to over 1.1 GW by 2012.
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