At a workshop held at the European Union Pavilion during the India Smart Utility Week in New Delhi, SolarPower Europe's Emerging Markets Task Force presented a new report in collaboration with the National Solar Energy Federation of India (NSEFI), outlining the solar investment opportunities in India, one of the world's fastest growing markets.
Pranav R Mehta, Chairman of the National Solar Energy Federation of India (NSEFI), said, "India continues to be one of the most attractive markets for solar investment in the world. An ambitious solar energy target of 100 GW, a focus on domestic manufacturing, and increased attention to distributed generation – including agricultural pumps and rooftops – are enabling policy initiatives. This report outlines factors that impede the implementation of these policies, which, when taken care of, can go a long way into sustainable implementation."
The European Union Pavilion at the India Smart Utility Week was organised in the context of the EU-India Clean Energy and Climate Partnership (CECP).
SolarPower Europe's Emerging Markets Task Force identifies business and cooperation opportunities in emerging markets outside of Europe, with the aim of contributing to energy transitions around the world. The report on India is the eighth in a series of market reports – previous reports cover Tunisia, Mozambique, Senegal, Ivory Coast, Myanmar, and Kazakhstan.
The full report can be accessed here.
Read the article online at: https://www.energyglobal.com/solar/06032020/solarpower-europe-present-report-on-indias-solar-market/