As of Thursday, November 19, India has an official plan for building an extensive solar power network throughout one of the world's top developing countries.

With $19 billion in planned spending, the cabinet is directing the national political and corporate leadership to put more than a gigawatt of installed capacity in place by 2012. The pace of the rollout will have to pick up quickly, since the government is targeting 20 GW of solar generating capacity by 2022.

The plan will go into effect over three phases, using power purchase agreements (PPA) to stabilize demand while driving local production prices down. India's goal, as with China's own solar energy plan, is to develop top-to-bottom solutions for domestic industrial expansion. Quite simply, these emerging markets have their sights set on energy independence and international prominence in clean energy.

You can read about some of the international solar power stocks that will benefit from a broad-based global solar rollout, right here:

Solar Energy Stocks

-Sam Hopkins

Media / Interview Requests? Click Here.