Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities


Spain’s Gamesa – one of the largest providers of wind turbines in the world – has announced plans to develop up to 100 MW of solar PV capacity in India as the company eyes what it calls "promising" opportunities in the region.

In unveiling its third quarter results, the company confirmed that it had already received orders for 10 MW of solar PV capacity in India. That figure could "quickly rise" to 100 MW by the end of the year, said Gamesa chairman Ignacio Martin.

"The cost of solar is falling quickly and we believe it could be an interesting market for Gamesa," Martin told Reuters. "We prefer to start with solar in India. After that we will decide whether we move to other geographies."

Gamesa’s first solar commission in India was announced last week – a 9 MW turnkey project located in the state of Tamil Nadu. The project was Gamesa’s first in solar since it exited the industry in 2004.

The chairman confirmed that Gamesa’s initial foray into the solar industry will be in project development rather than solar panel manufacturing, but he did suggest that Gamesa’s expertise could well be turned towards the solar inverter market.

Gamesa is also planning to launch a series of wind and solar-backed off-grid power generation systems in India next year to help reduce many rural communities’ reliance on diesel generators.

"We want to deploy this technology in different geographies, starting in India,"Martin confirmed.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:

Popular content

Anker launches new all-in-one home storage solution

10 July 2024 Anker has developed a new all-in-one home storage solution with up to 30 kWh of capacity, available in single-phase and three-phase configurations.


Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.