Abound Solar enters Indian market with new partnership24. March 2011 | | By: Becky Stuart
Abound 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."
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