Monday, 6 February 2012

Solar Future looks bright and sunny...!!!!

As the clean energy investments are growing day by day India accounted for 4% of the clean energy investment globally, it reached $ 10.3bn in 2011 which is considerable growth as compared to $ 6.8bn in 2010 (considering this as Highest growth figure for an economy)  reported by Bloomberg. Reportedly it India has been a traditionally generating energy through thermal, hydro and nuclear.


The Solar Energy front looks really amazing as one of the Indian government agency based out in Chennai has has promised to deliver the state-of-the-art Solar Atlas of India within two years, which was previously done through NASA and satellite images.


But this Atlas will provide valuable information to the developers about putting up the plant, this would identify the places of great sun potential and would inform about solar energy generation to its optimum level.


As India is targeting 20GW of Solar generation by 2020. The National solar mission and Local authorities are giving financial benefits and subsidies to attract investors in Solar energy.


After the phase I of National solar mission, there was a mixed bag of results. Phase II came up with a shocking and surprising bids. Gujarat Government has been very actively and aggressively going ahead with their solar plan.


Overall their will be a good growth story for India and solar would be leading the way.


Please feel free give your feedback/suggestion....

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