Title: Considerations and conceptualisation of solar business model in India: lessons on technology transfer learnt from Germany
Authors: Sanket Goel; Prasoom Dwivedi
Addresses: Research and Development (R&D) Department, University of Petroleum and Energy Studies (UPES), Energy Acres, Bidholi, Dehradun 248007, Uttarakhand, India ' Department of Economics and International Business, College of Management and Economic Studies, University of Petroleum and Energy Studies (UPES), Knowledge Acres, Kandoli, Dehradun 248007, Uttarakhand, India
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.
Keywords: solar enery; solar power; photovoltaics; technology transfer; energy policy; business models; cost-benefit analysis; India; Germany.
International Journal of Technology, Policy and Management, 2015 Vol.15 No.3, pp.226 - 247
Received: 22 Aug 2014
Accepted: 09 Jan 2015
Published online: 07 Aug 2015 *