Wednesday, May 23, 2012

Telecom Tower Market a 2 GW Solar Power Opportunity in India

According to Bridge to India’s latest quarterly market analysis, The India Solar Compass, 2GW of solar power could be installed in conjunction with telecom towers in India by 2016.

According to Bridge to India, “this segment is emerging as a front-runner among diesel-parity based market segments for solar PV solutions.”

While this segment hasn’t taken off already, due to the capital expenditures required by the telecom company as well as the cost of operating and maintaining the systems, solar’s tremendous cost reductions in the past year, combined with more supportive solar policies in India, have made this investment a very attractive one for telecom tower companies.

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