Asia and Europe are in the same place.
Geographically, it seems like a silly thing to say, but tectonic shifts in energy policy in places like India and Germany are pushing emerging Asian countries and old European industrial powers closer by the day.
In India, the government has set the goal of deriving 10% of the nation's power needs from renewable energy sources like solar photovoltaic cells by 2012.
That plan has drawn billions of dollars in investment to this country where 8% yearly GDP growth has brought huge energy shortfalls.
Internationally, the market for PV cells is expected to hit $40 billion in value just two years from now. In India, companies are jockeying to fulfill not only India's urban power needs but also to serve the developing country phenomenon of "leapfrogging," where rural areas skip fossil fuel power altogether and gain their first electricity from zero-carbon sources.
No fewer than 19 solar cell manufacturers are now operating in India, and many of them won't get off the ground to the level where investors can take profits.
But from across the world, one company is making steady advances into the Indian market, bringing along proven technology and unmatched expertise at implementing large-scale PV production.
They are engaged in the development, production and sale of both monocrystalline and polycrystalline PV cells, as well as "thin film" modules that can be produced through a similar process to a DVD.
Ease of production is key in India, where notoriously shoddy infrastructure and snail-paced permit processes have meant the death of companies that spread out too far.
Experience is a huge advantage from the get-go, and that's why we're moving on this company now.
This trans-global solar power player is the newest addition to the Green Chip International (GCI) portfolio, and we'll be releasing the company name and a detailed recommendation report exclusively to GCI members on Monday, April 7.
To make sure you don't miss a beat, click here to get in on GCI today.
Kind Regards,
Sam Hopkins
International Editor
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