STP Solar technology is particularly well suited to address booming energy consumption across India, as total primary energy demand is expected to increase by 3.1% annually from 2008 to 2035, according to the IEA's 2010 World Energy Outlook. The country's average annual solar insolation is one of the best in the world reaching 2000 sun hours per year in some locations. Solar technology also helps to address peak power shortages, which can be particularly severe during summer months. The power production of solar panels roughly coincides with peak demand hours, as electricity is consumed during daylight for commercial and industrial activities.
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