Considerations and conceptualisation of solar business model in India: lessons on technology transfer learnt from Germany Online publication date: Fri, 07-Aug-2015
by Sanket Goel; Prasoom Dwivedi
International Journal of Technology, Policy and Management (IJTPM), Vol. 15, No. 3, 2015
Abstract: The paper analyses the scale and opportunity of solar power in India and how technology transfer (TT) of new solar technologies can help for the expansion to achieve the goals set by the Government of India. The paper reviews the efforts in TT and its outcomes within as well as outside Germany, where it is seen as a cost reduction tool. It is found that the projects have realised almost 46% cost reduction due to TT. Subsequently, it studied that business model developed as a result of institutional efforts for technology development through TT. Based on such experiences from leading country and its role in business model evolution, it conceptualises business model as a model for business design for product/service flows establishing the value proposition, supply chain, ownership and sustained revenue streams to harness domestic policies and to augment the bandwidth of executing solar technologies in India.
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