India has been showing a consistent economic growth over the past decade. The country boosts of a positive foreign investment climate and experiences a fast population growth. The power sector is among the fastest growing industries. To meet its current and future power requirements, India will have to substantially increase its installed capacity.

The solar photovoltaic (PV) energy sector has been identified by the national government of India as an industry with strategic significance and it will play an important role in the future energy security of India. Particularly, the government recently announced to aim for a total installed PV capacity of 100 gigawatt by the year 2020, starting from about 3 gigawatt today.

Since the year 2013, the Indian Ministry of New and Renewable Energy (MNRE) and the Dutch Ministry of Economic Affairs (EZ) have a Memorandum of Understanding (MoU) on cooperation in the field of renewable energy. Solar energy is one of the areas this cooperation focuses upon.

To explore opportunities for Dutch organizations to partner with Indian organizations in the PV value chain, requirements of the Indian PV value chain are identified and juxtaposed with the strengths of Dutch PV value chain.

The aim of this report is to explore opportunities for Dutch organizations to partner with Indian organizations in the PV value chain.Through the exploration, the report aims to initiate an increased collaboration between the two countries. The results of the report are meant to serve as input for the International Energy Programme (PEI) of RVO.nl

Read the full report here