India is growing—and fast. According to the government’s Central Electricity Authority, Asia’s third largest consumer of electricity must increase its electricity production fivefold by 2025 in order to keep up with the demand. Even more promising, the Indian government has amended its rules for its second national auction, creating more room and opportunity for lenders to finance projects. 

A recent KPMG report outlines the great transformational change that a low-carbon solar energy plan can have on how energy is produced and consumed in India (The Rising Sun, KPMG). The report focuses on solar energy as a viable/credible means in meeting energy security concerns, an opportunity to take a serious stance against climate change, and a much needed catalyst for more inclusive growth. But does the recent slow-down in more developed solar markets— subsidies and related governmental forestall with renewable energy policy— present a cautionary tale for India? As with any national renewable energy policy, gaining momentum is seemingly the most difficult step. Under India’s National Solar Mission Policy, the government has outlined an ambitious goal, with an initial phase of 1000MW to be commissioned by 2013. But is India ready? How far are we from seeing India as a “hot” market for solar? On October 19, tune in for a webinar with the Agrion Solar Community as we visit the topic of India as an emerging solar market—its present status and a look into the near future.

India’s Solar Policy: Jawaharlal Nehru National Solar Mission

• Goals, Timeline, & Government support
• Emerging state policies and amendments (Gujarat, Tamil Nadu)
• India’s Energy Needs: Energy Security, Climate Change, Economic Growth
• Electrical Grid Concerns

Solar Opportunities

• Overview of major projects, investments, partnerships
• Who should be interested India? Rooftop PV, Telecom Towers, Lighting Systems, Solar Hot Water, Ground Mounted
• Distributed Generation vs. Centralized Generation
• Reaching Grid Parity
• Challenges and Constraints
• Applicable lessons from other burgeoning markets

Speakers:

KPMG, Anand Jain, Associate Director - Joining us from Mumbai, India