Adani Solar strengthens its sustainable retail footprints in Maharashtra
September 2, 2022 5:44 pm
September 2, 2022 5:44 pm
Adani Solar, the Adani Group’s solar manufacturing arm, will expand its retail distribution business in India’s Maharashtra state, with Roofsol Energy Pvt. Ltd. serving as the region’s official channel partner. Adani Solar has now expanded its distribution of solar panels in India to over2,500 towns.
Adani Solar hopes to quickly penetrate and capitalise on Maharashtra state’s renewable energy market through this partnership with Roofsol Energy Pvt. Ltd. This will be a step toward making the transition to sustainable solar power solutions more affordable, which is expected to benefit both residential consumers and commercial establishments in the region.
Maharashtra’s government is promoting solar power installations across the state through Rooftop, C&I, as well as the KUSUM segments. The installation of Adani Solar’s off-grid panels will help consumers mitigate the risks of power cuts, while its on-grid panels will assist in reducing electricity costs. Adani Solar envisages an opportunity of 1.5 GW within these segments in the region. The target customers are predominantly in the rooftop, utility-scale, residential, commercial, and industrial (C&I), and solar pump segments.
Rahul Bhutiani, Head & Sales & Marketing, Adani Solar, said, “We are delighted to partner with Roof sol Energy Pvt. Ltd. in the retail distribution space. The Indian renewable energy sector has witnessed tremendous success in the installation and supply of solar power. As India transitions towards sustainable energy through decarbonisation of the grid, we aim to bring powerful solutions via solar panel distribution to customers at competitive rates in Maharashtra, which has immense solar energy potential. Additionally, this region has enormous investment opportunities in renewable energy. Roofsol Energy Pvt. Ltd., as the authorised channel partner of Adani Solar, will be responsible for all the solar retail requirements in the region.
On the retail front, Bhutiani added, “Adani Solar will target a 50 percent market share. We look forward to achieving higher reach and visibility for our product nationally by increasing power consumption through alternative forms of energy like solar energy. “ Adani Solar has rapidly expanded its retail presence across the country. Through its retail channel partners, the company has a sizeable presence in Rajasthan, Uttar Pradesh, Delhi, Haryana, Gujarat, Madhya Pradesh, Maharashtra, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, West Bengal, Odisha, Assam, Manipur, Mizoram, Arunachal Pradesh, Meghalaya, Nagaland, and Tripura.
Adani Solar continues to be a market leader in the segment and is the only manufacturer with IEC61215:2021 certification in all SKUs. With solar power being the fastest growing and most preferred source of sustainable electricity generation, the government of India has increased its clean energy targets and is providing the necessary ecosystem for local manufacturing to flourish.
For more information, go to https://www.adanisolar.com/
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