Gamesa enters solar PV market with 10-MW project in India

Resource from: Equities Likes:211

Jul 09,2015

Spanish wind turbine maker Gamesa (BME:GAM) said today it is setting foot into the solar photovoltaic (PV) sector through a new contract for the installation of 10 MW of solar parks in India. More specifically, Gamesa will build four PV farms in the southeastern state of Tamil Nadu for three textile makers, namely Best Corporation, Shiny Knitwear and Santhosh Garments. The installations will use seven Gamesa E-1.37 MW inverters and two Gamesa E-1.1 MW inverters, to be manufactured at the company's factory in Coslada, Madrid. The plants will be commissioned in September 2015. As part of its recently-unveiled 2015-2017 Business Plan, Gamesa intends to look for business opportunities in the solar power and off-grid markets that complement its traditional activities. The objective is to start adding value from these synergistic markets from 2018, it said. "The solar segment in India offers a potential of 750 GW, and the local government target is to reach 100 GW in 2022 from 3.8 GW today," commented Ramesh Kymal, Gamesas CEO in India.

(Equities)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous ContiTech Timing Belts in Hovercrafts
Next Siemens Plans To Construct a New Wind Turbine Assembly Plant in Germany

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.