Worldwide solar photovoltaic installations have shown a healthy 6% year on year growth and reached 6.43 GW in 2009. PV Industry genrerated $38 bn in global revenues in 2009, while successfully raising more than $13.5 bn in equity and debt, up 8% on prior year.
At a time, when global community is looking at the development of sound renewable energy sources to meet the ever-increasing energy requirements, India seems to be gearing up with a strong roadmap of bio-fuel sector, thereby creating opportunity for the domestic as well as global investors.