India: Solar Investment Opportunities

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.

This report developed by E.ON with the support of other Task Force members and supported by the National Solar Energy Federation of India (NSEFI), provides a snapshot of India’s business environment and major macroeconomic trends, and analyses issues related to the country’s credit and political risk.

Moreover, it characterises the country’s energy context and relevant stakeholders, as well as the regulatory framework for investment.

The research finds that India has huge solar PV potential, which the Indian government encourages to avail. To effectively do so, however, the country’s financial, technical and administrative environment, could still be improved. Therefore, the report concludes with some recommendations for investors, policymakers, development finance institutions, and local private stakeholders to take into consideration.