20-09-2012, DLF City Club, Gurgaon: India is rich in renewable sources of energy with considerable future potential. This clean energy source is progressing rapidly thereby accelerating use of resources in powering the growing economy with a secure and affordable energy supply. As per Ministry of New and renewable Energy (MNRE), Installed grid connected renewable power generation capacity of India stands at 21.12 GW, constituting more than 11% of the total installed capacity base of the country. Over the decade, energy and peak demand shortage averaged around 10.3% and 12.9% respectively, citing which renewable energy is playing an ever increasing role.
India has initiated impressive strides to promote solar energy in the Renewable segment. The availability of abundant solar energy has prompted policy makers of the country to frame favourable policies and regulations to develop the solar energy resources. The growth of solar power production is spectacular and the fastest- growing of al l the electricity generating sectors, chiefly PV markets.
In 2013, India’s installed capacity has seen mammoth increased to over 2000 MW. The various bidding rounds issued by the national and regional governments have been met with unprecedented enthusiasm from national and international players. The present central and state policies for Solar Energy is developing favourable conditions and various new business models are emerging which reinforce the exponential market growth for solar projects. The current opportunities are attracting the intense excitement from entrepreneurs and investors to be a part of the solar growth story of India. Despite of a good response, the economy has to deal with various types of contractual structures and financing mechanisms to contend with.
Firstgreen regularly organises organised capacity development workshops on solar PV projects development which endow with an incisive map of the market opportunities, segments, models and barriers in solar, guiding the participants through the site selection, technology selection, finance,planning & development process in a systematic step by-step approach. To give a real time impression, these workshops focus on International and Indian Case studies on both the soar photovoltaic (SPV) as well as on the Concentrated Solar Power (CSP) technologies for grid connected power generation.
Firstgreen workshops are conducted by some of the most experienced industry professionals and renowned personalities of the Power sector space.