According to Mercom India Research, India’s cumulative solar installations have reached 6.6 GW year-to-date (Q3, 2018), with large-scale projects making up 5,382 MW and rooftop installations accounting for 1,240 MW (27%). Raj Prabhu, CEO of the Mercom Capital Group said that in the long-term, prospects for solar remain bright in the country. The energy transformation in the country continues and 2018 maybe the first year where solar makes up over 50 percent of new capacity additions. A complimentary white paper on the India Solar Market has been released by Intersolar India and its knowledge partner Mercom India Research at this year’s event, providing an in-depth look at the market drivers and challenges facing the Indian solar market.
Target of 100 GW solar by 2022
The current developments in the energy industry and power generation are recognizable in India. The power segment is undergoing huge changes because of the government's move towards renewable resources. In India, a target to install 175 GW of renewable energy capacity by 2022 was set by the Government in July 2018. This means in detail 100 GW from solar power, 60 GW from wind power, 10 GW from bio-power and 5 GW from small hydropower. The rise in electricity consumption and increasing awareness towards environmental issues are both supporting alternative and eco-friendly power generation solutions.
The smarter E India November 27-29, 2019
Intersolar India closed its doors on December 13, 2018 and has well arrived in Karnataka’s technology hub. Business professionals and exhibitors from 13 countries had a vast time to network on various occasions – on the show floor, at the Buyer Seller Forum, the conference, the many free of charge workshops and the extraordinary 10th Anniversary Networking Event – a highlight of the first exhibition day. Delegates enjoyed a high-level conference and exhibition program as well as many partner events at the BIEC in Bengaluru. In November 2019 Intersolar India will return to Bangalore and deliver an even deeper view into the renewable energy future: It will be part of “The smarter E India” - India’s innovation hub for the new energy world - addressing the needs of a changing energy world in India. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage and electric mobility industry. The smarter E India will bring together the renowned Intersolar India, ees India and Power2Drive India. The exhibition trio will take place at the Bangalore International Exhibition Centre in the capital state of Karnataka on November 27-29, 2019. (HCN)
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More useful information
https://www.pveurope.eu/News/Markets-Money/Krannich-Solar-goes-India
https://www.pveurope.eu/solar-modules/smarter-e-renowned-awards-honor-groundbreaking-innovations
