Solar Power
Trends in India
The Government of India has launched the “20,000 MW Solar Power plant capacity addition by 2022 ” with the objective of harnessing inexhaustible source of solar energy by setting up a number of Solar photovoltaic and Solar thermal projects in the country. The “New Solar Mission” has set forward a three-stage approach to hitting the 2022 target. The first stage will comprise 1,100MW of grid-connected power and up to 200MW of non-grid capacity by 2013. This is the short term opportunity many players face and beyond that the companies that act fast and start winning over Indian support will be set to reap the benefits for the next ten years.
India´s "New Solar Mission" opens therefore doors for fast development for the Concentrated Solar Thermal industry worldwide. Therefore BE SHiRO has decided to both tap this opportunity and support other players in entering the market in this particular area.
