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The convergence of decrease in capital costs, increase in efficiency and significant financial support by the government is likely to result in a wide range of attractive business opportunities along the entire solar energy value chain in India.

The Indian government has acknowledged that in order for the costs of solar PV power to come down (so that it no longer remains a policy driven industry), it is critical to build a complete ecosystem for solar PV rather than just being strong at the tail end of the value chain (ie., power production). This implies that there is a genuine need for hundreds of companies along the entire value chain - from polysilicon production to wafer to cell and module manufacturing, as well as production of the supporting components that are required to keep the value chain well oiled. The fact that Indian manufacturers depend almost entirely on import of silicon wafers or strips to make PV cells is a key driver for Indian policy makers to encourage investments in the silicon supply chain. It goes without saying that the efforts to build a complete solar PV ecosystem in India, backed by significant government support, opens up attractive opportunities for investors.

This ecosystem includes

• Crystalline silicon PV value chain components

• Thin film PV manufacturing
• Balance of Systems manufacturing that includes
  • Inverters
  • Tracking systems and their components like actuators
  • Charge controllers
  • Others
• Sub-components
  • Wire saws
  • Encapsulants like EVA
  • Metallization pastes
  • Junction boxes
  • Others

Who can benefit:

• Companies keen on diversification especially from the manufacturing sectors
• Independent Power Producers looking at backward integration

Strategic and financial benefits:

Business can benefit through diversification into the promising renewable energy sector.
Since it is a fast growing market in its early stages, an entrant into it can potentially have the edge of being an early mover which manifests in the form of high export potential and good margins in the upstream of value chain.

EAI offers assistance for clients in the following areas

1. Assessment of market potential for a new entrant in various parts of the solar PV value chain in India.
2. Analysis and comparison of technologies and equipments required for various parts of the solar PV industry.
3. Estimation of capital investments, working capital requirements and return on Investments (ROI) in solar PV components business.
4. Identification of technology partners from India or abroad.
5. Preparation of bankable Detailed Project Reports (DPR) which can be used for financing projects.

	Case Study 1: Indian Market Entry Strategy for a German Solar PV Firm Know more Case Study 2: Exploring Potential of Distributed Green Power for Rural Communities Know more Case Study 3: Solar PV Diversification Strategy for an Indian Multinational Know more Case Study 4: Market Intelligence for Diversification into Off-Grid Solar Products Know more
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The EAI team has a consulting division dedicated to solar PV. This team comprises industry experts, consultants and research analysts with in-depth knowledge of the entire solar PV value chain. Our team has worked with global companies on projects related to solar wafer, cell and module manufacturing as well as on the various aspects of the Indian solar PV power production

Overall, the Research & Consulting Team at Energy Alternatives India comprises professionals from reputed universities such as the IITs and IIMs who have considerable experience in and acquaintance with the Indian renewable energy sector.

The EAI team has undertaken a number of research and consulting assignments spanning the entire spectrum of renewable energy sources.See the profiles of our consulting team here http://www.eai.in/ref/team/team.html

The EAI team has a dedicated focus on the Indian alternative and renewable energy industry. This focus, combined with its experienced team of professionals makes EAI an ideal partner to help your company in benefiting from the opportunities in this industry.

Expertise : Our team�s expertise in management, industry and scientific aspects of the Indian energy industry will be indispensable for the success of your venture. Understanding :Our team has in-depth understanding of the global trends of the Indian alternative energy and renewable energy industry. Updated : Our team is continuously updated with information on latest investments and business activities in India for all alternative energy domains. Contacts : The EAI team has extensive business contacts across India in all major alternative and renewable energy segments solar, wind and biomass energy