Prominent Solar Energy Corporate Investments in India

By Narsi Santhanam • Jun 12th, 2009 • Category: Uncategorized

In addition to the well-known efforts made by Tata-BP, Moser Baer and so on, here are a few more notable solar energy ventures in India, courtesy Gopinath’s Blog

1. Sharp, the global leader in solar PV technology, recently made a foray into solar energy in India with its Sharp Business Systems India Ltd. subsidiary. It will focus its activities on supplying large-scale grid-connected systems and targets 8 MW installed by 2010.

2. Centrotherm Photovoltaics AG of Germany plans to set up a 5,000-ton capacity (expandable to 10,000 tons) polysilicon processing factory at Haldia in West Bengal at an investment of US$8 billion (8 billion! That’s huge). This is a joint venture with SREI Infrastructure Finance Ltd, Environ Energy Deck Services and US-based Perseus. The factory will produce both electronic and solar grade silicon and will be equipped with a 100 MW captive power plant.

3. The IBM Thomas J Watson Research Centre has expressed a desire to participate in solar energy and silicon research in West Bengal.

4. The US-based Signet Solar has signed a memorandum of understanding with the government of Tamil Nadu to manufacture 300 MW of thin-film PV modules in a project worth an estimated $500 million. The plant will be located in the Sriperumbudur SEZ.

About the Author

Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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