INDIA: Government policies on well-organized lighting and saving (ELS) will result in many domestic manufacturers invest in the renewable energy sector Speaking to The Dollar Business on the sidelines of an event jointly organized by The Indus Entrepreneurs (TiE) Hyderabad Chapter and the FICCI (Federation of Indian Chambers of Commerce & Industry) to launch their Initiative on Smart Cities named ‘Smart Solutions for Smart Societies (4S)’,
Satyam Bheemarasetti, Chief Executive Officer, Neosilica said, “There is huge potential for Solar Products, Solar Panels and Solar Services in the coming three to five years. India is a huge market for ‘services’ and so is for Panels. As of now, Panels cater only to 600 MW to 700 MW of power requirement, while the need is ranging anywhere from 5,000 MW to 10,000 MW of power/year.”
