Written on Saturday, 29th August 2009 by Neeta

Recession may ultimately prove to be a blessing in disguise for Solar PV enthusiasts world over. Prices have solar PV modules have taken a huge hit. Reason primarily lies in tonnes of supplies from China and slowdown in demand for Solar PV products in EU markets. While environmentalists will be happy with the trend they would indeed welcome the prospect of a Solar PV based plant breaking even in 16 years as compared to 22 years. China has a lot many Solar PV manufacturers with huge installed capacities.

The slowdown in EU market has affected their operations and to keep these installed capacities utilized China has kick started and taken its solar PV program  to the next level. During last few months China has announced series of big solar power plants. These plants will definitely give huge boost to companies like Canadian Solar, Suntech Power etc.

3439521718 eba4799843 50 km by 50 km in Rajasthan all you need to meet total power requirement. environmentIndia’s grand Solar mission of reaching 200 GW by 2050 is still on the drawing boards. India’s domestic solar module manufacturing capacities totals up to about 180-190 MW presently.

India just needs an area of 50 km by 50 km in North West Rajasthan where the intensity of solar insolation is maximum in the country. And if we install solar pv plants in this area then whole country’s power demand can be met. With prices of solar cells coming down world over, planners may have to revisit their plans for next 25-30 years to bring in more focus on renewables.

Courtesy from Flickr


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