Tata Power installed a 100kW Rooftop Solar project in Bengaluru

India: Tata Power commissioned a 100kW solar rooftop power projects for Toyota Kirloskar Auto Parts in Bengaluru area within 21 days, making it the fastest rooftop installation by the company. The plant would be used as a captive power plant by Toyota Kirloskar Auto Parts that would be capable of generating 1, 46,000 units thereby reducing the carbon dioxide emissions by 117 tonnes annually.

Techsci Research depicts that the commissioning of solar rooftop projects would motivate other manufacturing units to opt for solar power. India has set an ambitious target of installing 100 GW of solar power out of which 40GW would come from rooftop installation. More number of solar projects are anticipated in the future that would drive the demand for solar power equipment. This would give a major boost to the solar power equipment market in the country.

According to a recently released report of TechSci Research, “India Solar Power Equipment Market Forecast & Opportunities, 2020”, the solar power equipment market in India is projected to surpass USD4 billion by 2020, wherein solar energy would be generated by employing photovoltaic (PV) and concentrated solar power (CSP) technologies across the country. Constantly improving solar equipment technologies, advanced manufacturing processes for production of hi-tech equipment and anticipated decline in equipment prices is projected to further drive the solar equipment market over the next five years.