GTM市場調研公司和Bridge to India聯合進行了市場調研，在這份名為《印度太陽能市場的戰略、玩家與機遇》的報告中，研究者們總結到：在未來的五年內，印度將憑借其在2011年至2016年間超過9GW的預期安裝量成為太陽能產業內的一個重要組成部分。

研究者們認為不斷發展的國家太陽能任務(NSM)、國家級補貼和全球太陽能企業的現狀均為該國太陽能產業發展至吉瓦級別起到了推動作用。這份報告還著重關注了印度市場的動態，并分析了該國太陽能政策的發展路線圖、各邦的需求動因以及印度國內的生產與技術地位等。

“印度的太陽能將在未來的十年內出現大幅增長，” Bridge to India的總經理兼此報告的主要作者Tobias Engelmeier博士表示，“這種增長將受到不斷上漲的能源需求和化石燃料價格、NSM的野心和各邦所制定的刺激政策，以及包括公共設施及太陽能配額和太陽能成本下降而帶來的利潤在內的各種可再生能源配額等因素的共同促進。”

在2010年年底時，印度的聯網太陽能設備安裝量已達到了54MW，但是，該報告也同時指出，NSM所發放的上網電價補貼和古吉拉突邦的太陽能政策也為安裝量在2011年年底前增長到365MW并在2012年超過1100MW做出了一定的保障。

盡管印度的太陽能市場具有極大的發展前景及豐富的發展機遇，GTM及Bridge to India卻指出，該國確實也面臨著許多阻礙發展的挑戰。主要的擔憂在于專案的銀行可貼現性以及銀行在印度專案在國??家級和各邦級上網電價補貼政策及購電協定的支援下進行首輪融資時所表現出來的意愿不高。

“對于所有在印度進行太陽能開發的企業來說，融資是其首要擔心的問題。”GTM市場調研公司太陽能部門經理Shayle Kann表示，“為了緩解這種壓力，并最終實現市場潛力，我們預測該國市場將通過戰略性合作伙伴和合資企業的形式引入大量競爭手段。印度市場將由全球太陽能現有的開發企業身上得到很多好處，同時，這些區域也將憑借擁有當地合作伙伴關系這一事實來引導該國復雜的能源市場的走向。”

In the new reported conducted by GTM Research and Bridge to India, The India Solar Market: Strategy, Players and Opportunities, researchers have concluded that over the next five years India will become one of the major players in the solar industry with the installation of more than 9GW between 2011 and 2016.

Researchers cited the ever-evolving National Solar Mission (NSM), state-level incentives and global solar companies as helping to spur the country into a gigawatt-scale market. The report focuses on India's market dynamics with analysis of solar policy roadmaps, state- by-state demand drivers and domestic manufacturing and technology positioning.

“Solar in India is set to grow significantly over the next 10 years,” said Dr. Tobias Engelmeier, managing director at Bridge to India and the report's lead author. “This growth will be driven by rising power demand and fossil fuel prices, the ambition of the NSM and various state-level initiatives, as well as by renewable energy quotas, including solar energy quotas for utilities and the subsequent gains in solar cost reduction.”

By the end of 2010, India had installed 54MW of grid-connected solar, but, as the report points out, FIT allocations from NSM and Gujarat's Solar Policy have sparked a promise to grow the installed capacity to nearly 365MW by the end of 2011 and to over 1,100MW by 2012.

While the solar market in India holds the potential for growth and abounding solar opportunities, GTM and Bridge to India noted that the country does face certain challenges that could possibly inhibit the forecasted growth. The main concern lies in project bankability and financing with banks showing reluctance to finance the first wave of Indian project with national- or state-level feed-in tariffs or power purchase agreements.

“Financing is the number one concern for anyone developing solar in India,” said Shayle Kann, managing director of solar at GTM Research. “To ease that pressure and eventually realize the market's potential, we expect to see the competitive landscape evolve dramatically via strategic partnerships and joint ventures; India will benefit from the development expertise of global solar incumbents and these incumbents in turn will benefit from having a local partner to navigate the country's complex energy market.”