On 24 March 2021 the Indian Embassy in Germany, the National Solar Energy Federation of India (NSEFI) and the Indo-German Energy Forum Support Office (IGEF-SO) supported a webinar on “Insights and Opportunities in Solar - PV Modules and Energy Storage” as part of the initiative “Make in India Mittelstand”. German companies from the solar sector were shown upcoming business opportunities as well as the challenges of entering the Indian market. Mr. Tobias Winter, Director of the IGEF-SO presented fast growing niche markets for photovoltaics and battery storage. As per the latest findings there is more than 120 GW of diesel generators installed in India. At the same time, India has one of the highest solar energy security levels in the world. “Somewhere in India the sun is always shining” stated Mr. Winter. Even the day with the lowest solar power generation would be able to cater the entire daily electricity demand of India in the future. While at present there is still around 5 GW of diesel generators being sold in India per year, this market segment may be disrupted by battery storage faster than many may be willing to believe. Especially in combination with solar energy, there is an enormous market development foreseen in India. Mr. Anup Barapatre from EAC International Consulting highlighted the enormous potential for Make in India in the entire photovoltaic value chain. Despite India being the most attractive solar energy market in the world, there is still no polysilicone or solar ingot manufacturing in India. Several existing and upcoming promotion schemes to support investments in manufacturing in India were highlighted. Amongst others, the “Make in India Mittelstand” initiative by the Embassy of India and the “Exportinitiative Energie” by the German Federal Ministry for Economic Affairs and Energy were highlighted.

For more information visit the MIIM website.

Mr. Winter's presentation can be found here.
The presentation of Anup Barapatre, EAC International Consulting can be found here.