Published On:July 8 2015
Story Viewed 1672 Times

Wind turbine maker Gamesa marks entry into solar with 10 MW order.

Wind turbine manufacturer, Gamesa India, recently announced its entry into the Indian market for building solar projects for energy companies with orders from three Tamil Nadu-based textile units, for 10 MW.

Gamesa India is a subsidiary of the Spanish wind major of the same name, and is the market leader in wind turbine sales in India. Gamesa India's entry into the solar EPC space marks the Spanish group’s re-entry into solar - Gamesa used to build solar plants in Europe until a few years ago, when it exited the business.

Gamesa India is an expert in project execution and knows well the issues relating to land development and building projects, the company’s Chairman and Managing Director, Ramesh Kymal, said at a press conference here today.

Gamesa would undertake EPC jobs rather than develop solar assets and then sell them to investors, he said. He observed that there was a huge potential for wind-solar hybrid projects, a market which would develop if there was a policy for it. However, he said Gamesa, while being ready, is not necessarily aiming at that market.


HBL


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