ReneSola to provide Made-In-India solar PV modules to Indian market
ReneSola Ltd., one of the leading global manufacturers of solar photovoltaic (PV) modules and wafers, has introduced its new Virtus II multicrystalline modules to the Indian market at the 6th Renewable Energy India 2012 Expo. ReneSola solar PV modules can be found in projects ranging in size from a few kilowatts to multi-megawatts in markets around the world, including the United States, Germany, Italy, Belgium, Greece, Spain, China and Australia.
In addition, ReneSola has started providing locally produced PV modules to Indian market, and the expected quantity for ReneSola’s India-made PV modules are expected to reach 250 MW in two years’ time span. The India launch follows the successful introduction of the Virtus II solar modules to the U.S. and Australian markets.
ReneSola continues to implement its sales and marketing strategy of “professionalisation, internationalization and localization” in India. This was the first time the company started providing locally produced PV modules outside of China, emphasising the importance of the India PV market. The Company will realise this target through collaborating with local strategic partners in India.
Speaking on the occasion, Stephen Huang, APMEA President for ReneSola, said, “Considering the strong and growing demand the India PV market presents for electricity, coupled with the government’s strong support and generous subsidies for solar energy, ReneSola considers India to be a key market within Asia. We believe traditional PV sales and trading platforms cannot satisfy local demand, so we intend to invest more in India and are determined to establish roots there, ideally joining forces with the India PV industry to provide customised energy solutions.”
