News
Generating Power and Jobs: the Potential of Concentrated Solar Power in India
November 07 2013
Concentrated Solar Power (CSP) holds out the promise of stable, clean and locally-sourced power for countries with abundant sunlight, such as India.
A recent ESMAP study demonstrates that India has great potential to manufacture its own components for CSP, given the right policy incentives, public support for demonstration CSP plants, and increased investment in research and development.
This could give birth to a new industry, serving domestic and international markets. It could lower the costs of some components by up to 40 percent. And it could create thousands of new jobs.