NexPower enters Indian market; receives 36 MW order

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The agreement allows for a capacity allocation of 36 MW in thin film photovoltaic solar modules along with engineering expertise on system design, servicing and delivering joint solutions to the end customer. The shipment of the photovoltaic modules to India, for use on solar farms has already begun.

The innovative NexPower modules have won the Taiwan Science Park Creative Product Award three years in a row (2008 to 2010) and the worldwide patent applied has exceeded over 100 applications.

In high-temperature environments NexPower’s thin film technology can produce more power versus conventional crystalline silicon solar cells, thereby becoming the technology of choice for solar farms.

Arthur Chou, CEO, Nexpower said: “Since its inception, NexPower has been committed to advancing the development and application of solar photovoltaic technologies. This strategic project with Wipro EcoEnergy is a milestone for Taiwan PV manufacturers and will help us grow our footprint in Asia, with an increased focus on the rapidly growing Indian market.”

Highlighting a growing trend in the use of Solar Energy he added: “The total watt sold by NexPower has grown over six times, from 10.3 MW in 2009 to 73.8MW in 2010.”

G K Prasanna, President. Wipro EcoEnergy added: “Incorporating sustainability in mainstream business operations is more than simple green-washing. Through our investment with NexPower, Wipro EcoEnergy is now geared up to deliver the latest Solar PV Solutions to cater to the growing power-demand of governments, customers and even our own Sustainability Targets.”

According to an Ernst & Young report on Country Attractiveness Indices for the world renewable market, India stands third tied with Germany behind China and the United States of America. The report states that the Indian solar market has benefited from an amended Renewable Purchase Obligation (RPO) and financial support from the government. The report goes on to add that in the Ernst & Young Solar Index, India scores better than China and Germany only behind the USA.

http://www.nexpw.com