Which markets have the best prospects for long-term growth in solar energy? The winner, surprisingly, is India, with its abundant sunlight, exploding demand, and gigantic, mostly off-grid population.
That’s according to a new report by a new report by Lux Research examining emerging markets for solar power.
The current global poster child for solar is Germany, which added 8 gigawatts (GW) of solar capacity in 2010 and accounted for half of the global solar market. At minimum demand the entire German electricity grid consumes around 31 GW. However, Germany’s solar dominance may be starting to wane since its generous guaranteed rates for solar power are being reduced.
To read the full, original article click on this link: The next solar hotspot is … India? | VentureBeat
Author: Ciara Byrne
