India Solar PV Advisor

The Most Comprehensive and Detailed Guide for the Indian Solar PV Industry

The fast evolving solar PV industry in India presents significant opportunities to you. But you need a powerful guide that will help you benefit from this opportunity. The EAI India Solar PV Advisor provides this powerful guidance.

The launch of the National Solar Mission has given a big impetus to solar energy in India. The highlights of the mission are given below:

  • Installed capacity of 20000 MW by 2022
  • Establishment of a single window investor friendly mechanism
  • Envisages an investment of Rs 90,000 crores over the next 30 years
  • Initial investment of Rs 4,337 crores provided by the Government of India

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Target for the First Phase of the Mission

  • Total target for power generation 1st Phase (ending 2013): 1,300 MW (PV+CSP)
  • Grid Connected (33 kV): 1,000 MW (PV + CSP)
  • Rooftop PV and Small Solar: 100 MW
  • Off-Grid PV Applications: 200 MW

Highlights and Status Grid Connected Solar PV Power Plants Under National Solar Mission May 2011

By December 2010, a total of 150 MW of grid connected solar plants were awarded to 30 companies, each for 5 MW. Another 350 MW of grid connected solar PV will be awarded during 2011-2012.

  • 1000 MW of solar power projects to be selected in total
  • Solar PV and Solar Thermal projects to be allocated in a ratio of 50:50, in MW terms
  • 150 MW of solar PV projects to be selected for 2010-11 (already completed); about 54 MW were awarded through the migration scheme.. Capacity of each solar PV project awarded in the first round: 5 MW +/- 5%
  • The first round for the allocation of 150 MW saw applications do a reverse bidding for tariff setting, with the result that the average tariff awarded was Rs 12.16 per kWh, as against the ceiling of Rs 17.91 per kWh.
  • An additional 350MW of solar PV power projects will be allotted during 2011- 2012. During batch II, the minimum capacity of a single PV plant is restricted to 5 MW and the maximum capacity of a single PV plant has been raised to 20 MW. Plant capacity will be in multiples of 5MW. In other words, a developer can bid for projects of size 5 MW, 10 MW, 15 MW or 20 MW. Winners of projects under the previous round of bidding or under the Gujarat can bid for these projects.
  • During batch II, a company in any form (including parent, affiliate, ultimate or any group company) can bid for a maximum of 3 projects totaling 50MW.
  • Deadline for achieving financial closure has been raised to 210 days (7 months) from the earlier 180 days (6 months). The timeline for the commissioning of the project is also extended by a month � to 13 months from the date of signing PPA from 12 months earlier in batch I.
  • For batch II, part commissioning of the project is being accepted by NVVN subject to the condition that the minimum capacity for acceptance of part commissioning shall be 5 MW and in multiples thereof.

As a result of the National Solar Mission and the successful completion of the first stage, it is expected that solar PV based power plants will become an exciting business opportunity. While power production through solar energy is possible using both solar thermal (using the heat in the sunlight) and solar photovoltaic (using the light energy), electricity generation worldwide is more prominent through solar PV than through solar thermal. This trend is expected to continue in India as well.

As a result of this Mission, it is expected that solar PV based power plants will become an exciting business opportunity. While power production through solar energy is possible using both solar thermal (using the heat in the sunlight) and solar photovoltaic (using the light energy), electricity generation worldwide is more prominent through solar PV than through solar thermal. This trend is expected to continue in India as well.

The India Solar PV Advisor was prepared by EAI Team for those keen on investing in the Indian solar PV based power generation sector. It was developed in response to a specific need for a high-quality, definitive intelligence that facilitates decision-making and provides an actionable guide.

Indispensible Report for… A Great Resource for… Prepared by the EAI Solar PV team which has…
  • In-depth understanding of costs and returns
  • Selection of site
  • Getting required approval from civic bodies
  • Sourcing of investments
  • Identifying the diverse opportunities in solar PV
  • Vendor selection
  • Entrepreneurs planning to develop a solar PV power plant in India
  • Investors exploring the investment opportunities in solar PV projects in India
  • Businesses exploring a plethora of opportunities along the entire solar PV value chain
  • Studied the Indian solar PV market for many years
  • Provided consulting services for many Indian companies venturing into solar PV
  • Worked with companies setting up the earliest solar PV power plants
  • Interacted with hundreds of entities along the entire solar PV value chain

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The India Solar PV Advisor has been compiled using the intelligence gathered from extensive interactions with government departments, existing and prospective power plant developers, consultants and other industry experts, cell and module producers, state electricity boards, and banks/financial institutions.

What will you know after reading this guide?


  1. Is this the best time to invest in solar PV in India?
  2. How do you choose an ideal location within a particular state for setting up of a solar power project?
  3. What is the space / area / land required for the power plant?
  4. What technology options are available in solar PV?
  5. Which is better – thin film or crystalline solar panels?
  6. What can be done to counter technology obsolescence in the solar PV industry?
  7. Which are the ideal states for setting up solar power projects?
  8. Is it a good idea to produce the solar panels ourselves, or should we only focus on the power plant?
  9. What is the time required for “concept to commissioning” - from the date of commencing the project, before the plant can go 'live' and revenues starts flowing?
  10. What is the lifetime of the solar PV power plant?
  11. What is the current and future potential for deriving energy from solar in India?

Investment and Cost

  1. What is the total investment required for a grid connected solar power plant, per MW? What are the cost breakups?
  2. What are the operations & maintenance costs?
  3. What is the payback period?
  4. What is the return of the investment?
  5. What is the cost of debt for investments in solar PV? Is it possible to get loans at soft interest rates?
  6. What is the loan tenure?
  7. What are the equity & project IRRs?
  8. What is the cost of insurance for the equipments?
  9. Do you have a complete financial model for a 1MW or 5MW plant?
  10. What types of venture capital and private equity investments are happening in this industry?
  11. Is there a critical mass / scale required for the cost per MW (installed cost) and cost per unit of production (operating cost) to be minimum?
  12. How does solar PV perform when compared to other renewable energy options such as wind, small hydro and biomass?

Government Incentives

  1. How can we increase the chances of allocation under the NVVN scheme?
  2. What incentives are available from the central government?
  3. Is there a capital subsidy?
  4. What are the tax benefits?
  5. Are carbon credits available? If yes, what are the monetary returns from carbon credits?
  6. What are the incentives available in specific states?
  7. What are the eligibility criteria to apply for a 5MW project under NVVN Scheme?
  8. What are the guidelines for allotment of a 5MW project under NVVN Scheme?

Power Production

  1. How much power will be produced in one year, per MW?
  2. Can we sell power to third parties?
  3. Can we set up power plants for captive consumption?

Next Steps

  1. What are the next steps I should take if I’m interested in exploring further?

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Solar PV Value Chain

The solar PV value chain consists of a number of specific and distinct steps from the production of silicon to the end use in solar power plants or in solar panels used for distributed power generation (e.g. solar panels on residence rooftops). Range of business opportunities available along the entire value chain is explained in the report.

A detailed value chain of entire solar PV industry is given below

Solar PV Value Chain Detailed Schematic

Key Take-aways from the India Solar PV Advisor

  • By 2050, about 69% of the electricity produced in India will come from renewable energy sources.
  • The top five states in India for solar PV potential are respectively Gujarat, Rajasthan, Maharashtra, Tamil Nadu and Andhra Pradesh
  • Under the Jawaharlal Nehru National Solar Mission (JNNSM), India is expected to reach a total solar installed capacity (both PV and CSP) of 20,000 MW and a total electricity generation of 25-30 TWh per year by 2022.
  • The JNNSM has proposed a feed in tariff rate of Rs 15.39 during the batch II of phase I for solar PV power plants with a power purchase agreement for 20 years. Selection of projects is likely to happen through reverse bidding.
  • JNNSM is not likely to continue the scheme of project allotment by bidding in the subsequent phase 2013-2017 and 2017-2022. MNRE is likely to promote solar projects by REC and RPO implementations rather than the PPA route.
  • Following JNNSM, a few states like Gujarat, Rajasthan and Karnataka have come up with their own state policy to promote solar power production. A few more states like Tamil Nadu, Maharashtra and Andhra Pradesh are in the process of deliberations and may soon draft a policy.
  • Currently, the capital cost for a solar PV power plant with multi crystalline silicon technology is about Rs 11 to Rs 12 crores per MW, with about 50% of it going towards solar panels, 25% towards inverters and balance of systems, and final 25% towards installation and other infrastructure. The cost of power plant with the use of thin films however could be as low as Rs. 10 to 11 crores
  • Capital cost for solar PV power plants with crystalline silicon is likely to be about Rs 10 crores per MW by end 2013 when phase II of the mission is implemented.
  • A 1MW solar PV power plant can generate about 1.4-1.6 million units (kWh) of electricity per year depending on the location.
  • The area requirement for a 1 MW power plant that uses crystalline silicon technology would be approximately 5 acres. This could be on the higher side in case of thin film usage in the power plant.
  • The levelized cost of electricity production from solar PV is Rs 8-10/kWh.
  • Prominent domestic banks that fund renewable projects are IDBI, ICICI, IFCI, SBI, and PNB among others.
  • According to MNRE, the cost of power generation from solar PV is likely to be competitive with grid tariff by 2017 (�grid parity�).
  • Off grid PV installations in India predominantly comprise of small capacity applications. These are most visibly seen in lighting applications (street lighting, and home lightning systems) in cities and towns, and in small electrification systems and solar lanterns in rural areas.
  • On the technology part, in India, crystalline silicon technology to accounts for most of the market, and currently, the market share of thin film technology, though fast increasing, is estimated at only about 10%.
  • Currently, thin film technology has not reached the efficiency level of crystalline solar cells and is unlikely to be used for large-scale power production until 2012.
  • Currently, India does not have any infrastructure for raw material production (polysilicon) and is entirely dependent on imports for the same.
  • India has always been a net exporter of solar PV technology, with about 66% of cumulative domestic PV production till 2009 catering to overseas markets
  • Business opportunities in the solar PV industry go far beyond power plants; these opportunities are present in all three sectors: manufacturing, trading and services. Among these, the largest number of opportunities are present in the manufacturing segment, followed by services.

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List of Contents

Section I: Should I Invest in Solar PV?

1. Solar PV Business Analysis

  • 1.1 Is this the Best Time to Invest in Solar PV?
  • 1.2 What Are the Key Aspects You Should Consider While Investing in Solar PV?
    • 1.2.1 Capital and Operational Costs
    • 1.2.2 Evaluation of Locations
    • 1.2.3 How Do You Use Solar PV Technology as a Differentiator?
    • 1.2.4 Central & State Policies, Incentives
    • 1.2.5 Evaluation of Opportunities along Entire Value Chain & Key Industry Segments
  • 1.3 SWOT Analysis for the Solar PV Industry in India
  • 1.4 FAQ on the National Solar Mission
  • Levelized cost of different energy sources
  • Sunshine hours for the major cities of the world

Section II: What are the costs and return on investment?

2. Solar PV in India – Costs, Investments and Returns

  • 2.1 Costs and Returns
    • 2.1.1 Costs
      • Capital Costs and Break-ups
      • Capital Costs for Photovoltaic Systems by Scale
      • Capital Costs for Photovoltaic Modules by Timeframe
      • Projection of Capital Costs over Time
      • Operational Cost
      • Projections for Total Cost of Electricity Production from MNRE
    • 2.1.2 Returns
      • Internal Rate of Return for Solar PV
      • Payback Period
  • 2.2 Financial Modeling and Scenario Analysis for Solar PV Projects
  • 2.3 Investment Trends in Solar PV for India
    • 2.3.1 Renewable Energy Financing in India
      • Financing Options Available for Solar PV
      • Nodal Agencies that Support Renewable Energy Financing in India
      • Financial Institutions that Fund Renewable Energy Projects in India
      • List of Venture Capital and Private Equity Companies in India Active in the Renewable Energy Sector
    • 2.3.2 Examples of Investments in India for Solar PV
    • 2.3.3 Drivers and Bottlenecks to Investments in Solar PV
  • Break-up of capital expenses per MW
  • Capital cost of solar PV systems by scale
  • Capital costs for solar PV modules by timeframe
  • Projection of capital costs over time
  • IRR & payback calculations
  • Cost Projection for Grid Parity of Solar PV in India

Section III: What incentives are available from the government?

3. Government Incentives and Support

  • 3.1 Central Government Incentives
    • 3.1.1 Semiconductor Policy and Special Incentives Package Schemes
    • 3.1.2 State Specific Incentives
      • State Tariff for Solar Power
    • 3.1.3 NVVN SCHEME
      • Guidelines for Grid Connected Solar Power Plants
      • Guidelines for Offgrid and Small Solar Power Plants
    • 3.1.4 Other Policies Guiding India Push towards Renewable Sources of Power
    • 3.1.5 Current Status of Grid-connected Solar PV Projects under JNNSM
  • 3.2 Feed-in-tariff Success Stories
  • Schematic Representation of National Solar Mission


4. Next Steps to be taken by a Solar PV Power Plant Developer

  • 4.1 Preparing Prefeasibility and Feasibility Reports
  • 4.2 Meeting Government Departments
    • 4.2.1 Lists and Contact Details of Government Departments in Various States
    • 4.2.2 Central Government Relevant Department Details and Contacts
    • 4.2.3 Other associations for Solar Energy in India
  • 4.3 List of Solar PV Cell and Module Manufacturers in India

  • IRR & payback calculation for various capex levels – State-specific scheme
  • IRR & payback calculation for various opex levels - State-specific scheme
  • IRR & payback calculation for different tariff rates - State-specific scheme
  • IRR & payback calculation for various capex levels - NVVN scheme
  • IRR & payback calculation for various opex levels - NVVN scheme
  • Cash flow for a 5 MW solar PV power plant under the NVVN scheme
  • Organizational set up of the Indian power sector
  • Lists and contact details of government departments in various states
  • Central government relevant department details and contacts
  • Associations for solar energy in India
  • List of solar PV cell and module manufacturers in India
  • Solar PV tariff in Gujarat
  • solar PV tariff in Rajasthan
  • Comparison of salient features of NVVN and GBI scheme
  • Real-life data of electricity produced per MW from solar PV plants

  • Flow Chart Depicting Next Steps to be Taken by a Solar PV Power Plant Developer
  • Organizational Set up of the Indian Power Sector

5. Developing a Prefeasibility Report

  • 5.1 Solar Power Technical Feasibility Report Template
  • 5.2 An illustration of technical feasibility of a solar power project
    • 5.2.1 Solar Radiation Assessment
    • 5.2.2 Assessment of Area Required
    • 5.2.3 Major Equipments in Solar PV Power Plants
    • 5.2.4 Electricity Production

  • Template for Preparing Prefeasibility Report
  • Map Showing Solar Radiation Data in Various Parts of India
  • Solar Irradiation Data for Jhulwania,
  • A Simple Schematic of a Grid-connected Solar PV Power Plant
  • Detailed Schematic of a Solar PV Grid-connected Power Plant
  • Diagrammatic Representation of PV Module Efficiency

6. Project Development for Solar PV Power Plants

  • 6.1 Project Development Stages
  • 6.2 Selection Criteria for location of Solar PV Power Plant

  • Flow Chart Depicting Project Development Stages


7. Solar Energy Value Chain and Business Opportunities

  • 7.1 Solar PV Value Chain
    • 7.1.1 Processes in Solar PV Value Chain
      • Polysilicon Manufacturing
      • Manufacturing ingot and Wafers
      • Manufacturing Cells and Modules
        • Crystalline Solar Cells
        • Thin-Film Solar Cells
        • Concentrating PV Cells
  • 7.2 Diverse Business Opportunities in Solar PV
    • 7.2.1 Manufacturing Opportunities in Solar PV
      • Core
        • Polysilicon
        • Ingot and Wafer
        • Solar Cell
        • Solar Panel
        • Solar Products
      • Non-core
        • Glass
        • Electrical Components: Inverters, Wires and Transformers
        • Solar PV System Manufacturing Equipments
        • Chemicals for Solar PV System Production
    • 7.2.2 Service Opportunities
      • Solar Panel Installation Services
      • Project Development Support
      • Financing Support
      • Design and Engineering Support
      • Construction and Commissioning Support
      • Operation and Maintenance
      • Decommissioning
      • Others
    • 7.2.3 Trading Opportunities
    • 7.2.4 Solar PV Power Production – Alternative Business Models
  • 7.3 List of Prominent Companies in the Various Stages of Solar PV Value Chain
    • Prominent Crystalline Silicon Cells Manufacturers Worldwide
    • Prominent Thin-film Companies Worldwide
    • Prominent Indian Solar PV Cell Producers
    • Laminator Manufacturing Companies
    • Nip Roller Manufacturers
    • Ribbon Manufacturers
    • Combined Tabbers & Stringers Producers
    • Companies that Provide Laser Structuring for Thin-Film Modules
    • Producers of Backsheets
    • Glass

  • Business opportunities in polysilicon manufacturing
  • Business opportunities in solar glasses
  • Business opportunities in ingot and wafer manufacturing
  • Business opportunities in solar cell manufacturing
  • Business opportunities in crystalline solar module production
  • Business opportunities in thin film solar cell manufacturing
  • Business opportunities in concentrating PV manufacturing
  • Prominent companies along the solar PV value chain
  • Solar PV Power Value Chain
  • Value Chain for Crystalline Silicon Solar Cells


8. Solar PV in India – Industry Status and Trends

  • 8.1 Introduction
    • 8.1.1 Introduction to Alternative Energy Sources
  • 8.2 Solar PV Technology
    • 8.2.1 Solar PV - Crystalline Silicon PV Cells
    • 8.2.2 Solar PV - Thin Film Solar Cells
    • 8.2.3 Solar PV - Concentrating Photovoltaic 
    • 8.2.4 Photo-electrochemical, Polymer, Nano-crystal and Hybrid cells
  • 8.3 Solar PV Market Status and Trends
    • 8.3.1 Market Share of Thin Film Photovoltaics
    • 8.3.2 Solar Photovoltaic in India – A Snapshot
  • 8.4 Solar Energy Potential in India          
    • 8.4.1 Regional Potential for Solar Power      
    • 8.4.2 Current Solar PV Scenario in India
    • 8.4.3 Future Solar PV Scenario
    • 8.4.4 Solar PV Future Contribution in Indian Electricity Supply        
  • 8.5 Status of Solar PV Technology in India    
    • 8.5.1Solar Cells and Solar PV Production
    • 8.5.2 Foreign Trade of Solar PV
  • 8.6 Prominent Solar PV Power Projects & Companies in India
    • 8.6.1 Solar PV Power Projects Installed
    • 8.6.2 Solar PV Power Projects Approved by the Central Government under Phase I of NSM Scheme
    • 8.6.3 Solar PV State Projects
  • 8.7. Key Challenges to Growth of Solar PV in India
  • 8.8 Brief Highlights of Solar CSP and Solar Thermal for Heating and Drying
    • 8.8.1 Solar CSP
    • 8.8.2 Solar Thermal for Heating & Drying Purposes

  • Share of various solar PV technologies
  • Top 5 districts with the best solar irradiation in Gujarat
  • Top 5 districts with the best solar irradiation in Rajasthan
  • Top 5 districts with the best solar irradiation in Madhya Pradesh
  • Renewable energy installed capacity in India
  • Projection of solar pv installed capacity
  • Projection of solar electricity generation capacity
  • Solar PV projects installed
  • Proposed solar PV projects
  • Solar PV Value Chain Detailed Schematic
  • Classification of Energy Sources
  • Solar Energy Technology
  • Photovoltaic Market in 2009
  • Thin film vs. Crystalline Solar Panel Production
  • Annual Mean Daily Solar Radiation in India
  • Solar Irradiation Data for Patan
  • Solar Irradiation Data for Jaisalmer
  • Solar Irradiation Data for Neemuch
  • Trends in Production of Solar PV Cells and Modules (MWp) in India
  • Application of Solar PV Cells (MW) in India – Sectorwise
  • Trends in Foreign Trade of Solar PV in India
  • Imports of Solar PV in India – 2008-09
  • Exports of Solar PV in India – 2008-09


Break-Up for the Capital Expenses per MW

Amount (lakhs)
PV Modules 400
Power Conditioning Unit (transformers, cables and wires, tracking devices) 80
Inverter 110
Balance of System (transformers, cables and wires, tracking devices�) 60.0
Installation (civil & general works) 90.0
Others (evacuvation and other pre operative expenses) 30.0
Total 770.0


Capital Costs for Solar Photovoltaic Systems by Scale

The following table provides the approximate capital costs for solar PV power (2011)

Capital Cost for Solar PV in 2011

Capacity (MW) Capex (Rs Crores/MW)
1 11.1
5 54.4
10 103.3
15 152.3
20 196.3

  Source: EAI

REC tariff for solar power

Solar REC (INR / Mwh)
Upto 2012 2012 - 2017
Forbearance Price 17000 13400
Floor Price 12000 9300

Source : CERC

The debt portion of investment can be financed by a soft loan at 5% interest rate, to be availed from the IREDA.

Solar CSP
Off-grid solar CSP installations of a maximum capacity of 100 Wp per site, and for mini-grids for remote electrification with a maximum capacity of up to 250 kW

Subsidy, which is calculated on the basis of a cost benchmarked by MNRE, is notionally equal to 30% of benchmarked cost of solar power systems. For 2010 it is fixed at Rs. 90 per Wp with battery storage, and at around Rs. 70 per Wp without battery storage.


In difficult-to-reach areas such as Lakshadweep, Andaman and Nicobar Islands, and districts on India’s borders, the capital subsidy availed will be 60% of benchmarked costs for solar thermal installations.
Subsidies on costs of CSP equipment: Rs. 3000 per sq. meter for Evacuated Tube collectors, 3300 for Flat plate collectors with liquid as the working fluid, 2400 for Flat plate collectors with air as the working fluid, 3600 for Solar collector system for direct heating application, 2100 for Concentrator with manual tracking, 3600 for non-imaging concentrators, 5400 for Concentrator with single axis tracking, and Rs 6000 per sq. meter for Concentrator with double axis tracking.

The benchmarked costs (of standard solar systems) will be changed every year.
GBI = Generation based Incentives

Real-life Data of Electricity Produced per MW from Solar PV Plants

Capacity MW Yearly output (Units , kWh) Output per MW capacity in million units
Masdar city, UAE 10 17.5 million 1.75
Phoenix solar Germany 5.8 5.8millin 1
Spain 3 5 million 1.67
Planta Solar Fuente, Spain 26 44 million 1.7
Beneixama PV Plant, Spain 20 30 million 1.5
Monte Alto, Spain 9.55 14 million 1.47
Zebrasolar Inc, Gujarat, India 10 16.37 million 1.64
Shree Ram Energy, Gujarat 25 44 million 1.76

The significance of this stage can be seen from the fact that around a quarter of the cost of a crystalline module is just for polysilicon.

Type of entrepreneurs / investors who can benefit Entrepreneurs keen on building up capital intensive manufacturing facilities for an emerging market.
Scale of investment Typical investments of $500 million - $1 billion for building a polysilicon manufacturing plant
High R&D or commodity manufacturing? Commodity manufacturing
  • High capital requirements
  • High energy input requirements
  • Long-term supply contracts could be a deterrent to new entrants
Competition The industry is dominated by a few companies that supply around 90% of the total polysilicon market. Some of the prominent companies are Hemlock, OCI, Wacker Chemie Tokuyama, REC (subsidiary SGS and ASiMI), and MEMC
Market size The world market of polysilicon has been growing 30-40% annually since 2004, primarily from the growth in solar PV industry. The market size of the solar cell polycrystalline silicon market in 2009 was $ 5.13 billion.
Supply and Demand Fluctuating.After years of supply shortage, the industry in 2009 was plagued by lower demand and overcapacity, resulting in increased competition.
Indian scenario  No companies in India are into polysilicon manufacturing
Other Notes Synergy benefits - fully integrated chemical plant has cost advantage over pure-play silicon producers

Solar Energy Technology

The top 5 districts with the best solar irradiation in Gujarat are given below.

Sl. No District Average annual radiation (kWh/m2/day)
1 Patan 5.44
2 Mehsana 5.41
3 Banaskantha 5.38
4 Porbandar 5.32
5 Amreli 5.31


Solar Energy Related Web resources & Other Alternative Energy Web Resources

  • Solar Energy Web Resources
    • Solar Energy News
    • Solar Energy Blogs
    • Solar Energy Forum
    • Solar Energy Portal
  • Other Alternative & Renewable Energy Related Web Resources
    • Renewable Energy News Sites
    • Renewable & Renewable Energy Blogs
    • Renewable Energy Forums
    • Renewable Energy Portals & Guides


  • A 1. Renewable Energy Investing in India
    • A 1.1 Dedicated International Funds and Schemes for Renewable Energy
    • A 1.2 Details of Indian Investments in Renewable Energy and Clean Technologies
    • A 1.3 Stages of Investments
    • A 1.4 India Prominent Clean Technologies Equity Investments
    • A 1.5 India Clean Technologies Equity Investments by Segment (2008)
    • A 1.6 Prominent M&A Deals in Cleantech
    • A 1.7 Private Equity Investments in Cleantech by Year
    • A 1.8 Prominent Investments Made in Indian Renewable Energy
    • A 1.9 Other References
  • A 2. List of Solar PV Projects Selected Under JNNSM, Phase I, Batch I
    • A 2.1 Grid-connected Solar Power Projects under JNNSM
    • A 2.2 List of Rooftop and other Small Solar Power Projects

Diverse Industries Benefitted from the India Solar PV Advisor

  • Solar PV Developers
  • EPCs
  • Mining and Metals
  • Technical Consulting
  • Foreign Trade Commissions
  • NRIs Investing in India
  • System Integrators
  • Heavy Engineering
  • Management Consulting
  • Foreign Financial Investors
  • Real Estate & Construction
  • Small and Medium Businesses

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