Solar Power in India is growing by leaps and bounds with the federal and state governments heavily promoting solar energy production.India is set to become a gigawatt market in 2012 with around 400 MW already installed by 2011.The ancillary industries around the main solar power market are set to grow at a rapid clip as well.One of the unlikely sectors in solar products in India is the growth of solar cables.Note solar power plants require a lot of wire and cabling to connect thousands of solar panels to each other and to solar inverters.Besides solar power plants also require interconnection with the power grid.While today most of the solar cable is imported from outside,there is potential for a solar cable manufacturer to build a domestic capacity as well given the rapid growth expected in solar power.

However distribution into the millions of villages remains the biggest hurdle even if the people there can afford the products.T here are no good roads and the smaller solar companies lack the marketing muscle of say a big MNC like Hindustan Lever and ITC.People have tried to sell solar products using the microfinance companies but have not had much success as of now.India’s government has also pushed some small subsidy schemes but the red tape and the off and on nature has meant failure.

Note blatant pump and dump IPO’s have made the Indian market a heaven for stock market operators.Despite this going on for years,only recently SEBI has taken some steps against the manipulartion of the primary market.Now SEBI has taken some steps in the Insider Trading case as well by fining executives of JP Associates and Ranbaxy both of which are constituents of the Indian main stock market index. However a mere fine will not do to deter insider traders.A big jail term for a insider trader will make white collar criminals think more in indulging in criminal activity rather than small fines .

Coal Stealing and Pilferage by the Coal Mafia has always been done on a massive multi million dollar scale. In the coal rich states of Jharkhand, Bihar, West Bengal and Chattisgarh, Stealing of Coal is a major illegal industry. Everyone knows about it and nothing is done as most officials and politicians get a cut of the illegal gains. Corruption in India is institutionalized as governing bodies remain weak and powerless. Despite India’s much touted growth story,all these needling problems have contributed towards the Indian GDP slowing down sharply. Unless governance is improved,its tough to see how India can achieve its potential.

Note one of the main dangers of nuclear energy is the probability of the fuel getting into the hands of terrorists and rogue nations which can use it to make nuclear weapons.Note the fears of a Taliban like group getting their hands on nuclear arms in Pakistan is all too real.With Iran getting nuclear weapons,this will increase.Nuclear Power is already being phased out in Germany,Japan,Switzerland after the Fukushima nuclear disaster.The dangers of nuclear energy are too great to make it an option to secure mankind’s energy in the future.Despite the advantages of nuclear power,the risks are too great to be played with.

Indian Solar Panel Companies are asking for protection from cheap imports from China and other countries.Note the prices of solar panels have fallen by 60% in 2011 due to a number of reasons such as cheap raw material polysilicon prices,high competition between major module manufacturers,dropping processing costs.The biggest reason for the solar panel price crash has been the support of the Chinese and other Asian government to their respective domestic solar industries.