Abound Solar enters Indian market with new partnership
24. March 2011 | | By: Becky StuartAbound Solar has signed a long term sales agreement with Solarsis, Inc. Under the partnership, the companies will work together to serve project developers in India.

They say that the first project under their agreement will be a one megawatt ground-mounted PV array in Anantapur, in the state of Andhra Pradesh.
India-based Solarsis will also establish a test facility with the purpose of optimizing balance of system (BoS) designs around the U.S. manufacturer’s thin film modules.
Abound Solar recently received a $400 million loan guarantee from the U.S. Department of Energy. It says it will use it to fund the expansion of its manufacturing capacity, and to help cater to the demand for its products in markets like India.
"Abound Solar’s thin film modules are ideally suited for environmental conditions found across India: high temperatures and diffuse light conditions," said Venkat Rajaraman, CEO of Solarsis. "The combination of thin-film technology and high performance in a low-cost module and our experience in integrating BoS components allows us to deliver strong financial returns to our customers."
To leave a comment you must first sign in or register your details
No comments have been submitted yet. Why not login or register and be the first?
Subscribe today!
Choose between a digital and print subscription from pv magazine publisher Solarpraxis AG’s online shop!
Most read
SEIA report: U.S. military cuts casualties and costs with solar energy
2857 viewsEU: Big discrepancy expected between provisional and final AD solar duties
2847 viewsSolar power rises in Japan with plans for 636 MW by 2015
2756 viewsGermany calls for "conciliatory solution" to provisional AD PV duties
2499 viewsSiemens study shows Europe can save billions in renewables pursuit
2403 views
Opinion & analysis
Why do so many believe MENA is the next big solar market?, asks Yassir Gamil, managing director of Solarpraxis' new MENA office
Press releases
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!


