Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Gamesa Plans 100 MW Of Solar Power In India, Commissions Its First Project

Gamesa has chosen one of the fastest-growing markets in the world to stage its comeback in the solar power sector.

The Spanish renewable energy giant known for its massive footprint in the global wind energy market recently announced that it commissioned a 9 MW solar photovoltaic (PV) power project in the southern Indian state of Tamil Nadu.

Gamesa-2

In July, the company reported that it had started work on a 10 MW solar power project in Tamil Nadu for 3 textile companies, likely for captive consumption. While reporting its 3rd-quarter results, the company also revealed that it is planning to set up 100 MW of solar power capacity in India. The company hopes to quickly build-up on the initial orders.

Gamesa exited the solar power project development business in 2004. The company has, however, announced its plans to return to the engineering, procurement, and construction (EPC) business in the Indian solar power market.

Gamesa’s wind energy business in India is an excellent platform for the company to expand its presence in the highly competitive solar EPC business. The company has had the largest share in the wind energy business in the country for the last two years; and has emerged as a serious competitor to Suzlon Energy, probably the largest wind energy company in India in terms of cumulative capacity installed.

Incidentally, Suzlon Energy too has entered the solar power market. The company recently participated in some state solar power auctions.

The shift towards solar power is mirrored in the government’s policies as well. The government policies seem favoured towards solar power. India has announced a target to increase solar power capacity from its current 4.5 GW to 100 GW by 2022, while the wind energy target is for 60 GW operational capacity by 2022, up from current 25 GW.

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

An avid follower of latest developments in the Indian renewable energy sector.

Comments

You May Also Like

Green Economy

Woke or not, Kentucky is behind a new green steel factory that supports President Joe Biden's goal for offshore wind development in the US.

Cars

After a very slow start, the Indian battery-electric car market is starting to get exciting. BYD is expanding its presence in the country, shifting...

Cars

India’s electric 2-wheeler market has been booming over the last few years. However, the electric car sector has been pretty slow. India’s electric car...

Clean Power

Indian hydropower company SJVN has announced start of construction of a large solar power park in the northern state of Rajasthan.  On January 3rd,...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.