Will India be a bigger concentrated solar thermal power than China?

As the founder of CSP Today and organizer of the 1st CSP Today India conference in New Delhi, Belén Gallego is often asked about the future of the CSP industry in India. She has written a piece about the opportunities in the Indian market published recently in CSP Today.  Having lived in India for 2 years, it is difficult for me to be impartial when assessing the opportunities in the CSP industry. I believe very firmly in the great capacity of Indians to learn fast and reduce costs –they are specialists in making things cheaper maintaining quality standards. Much as I try, I can´t think of anything that the CSP industry is more in need of.  While last year there was very little talk of India becoming one of the biggest markets for CSP, today the question on everybody’s lips is: Will India be a bigger CSP power than China?   From an economic and development perspective, India’s economy is performing very well, averaging 8.5% growth this year. Its growth rate could overtake China’s by 2013 - if not before - according to a recent article by The Economist.  While China’s growth has been largely state-directed, India’s is driven by 45m entrepreneurs. Private firms have had to compete with the world´s best - and many have discovered that they can. Read full article here.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Nature’s Generator MyGrid 10K

Nature's Generator MyGrid 10K

A 10,000W plug & play whole-home generator with a 10kWh LiFePO4 battery for reliable backup power. Features easy setup, flexible 120V/208-240V input, and solar/wind charging. Expandable with extra batteries or solar panels, and can pair two units for 20,000W for even larger energy needs. Powers your home during power outages, reduces electricity costs, and supports sustainable energy.