One of India’s leading solar power project developers – Welspun Energy – recently announced that its partnership with ABB India has resulted in the installation of 700 MW of solar power capacity in the country.
Welspun Energy installed some of the largest solar photovoltaic power projects in India using inverters supplied by ABB. The Switzerland-based company has supplied inverters for more than half of the 5.1 GW solar power capacity operation in India.
Welspun Energy operates some of the largest solar power projects in India. The company has been actively operating in the Indian solar power market. Operational projects are spread across several states like Punjab, Rajasthan, Gujarat, Maharashtra, Karnataka, and Tamil Nadu, and under policies of the central government as well as state solar power policies.
With such dominance in one of the fastest and largest solar power markets in the world, ABB is looking to expand its presence further in India. India and solar power are core focus areas in ABB’s global next level strategy. “Our expertise and attention to developing local engineering competence positions us well to partner India through Welspun Energy in its growth ambitions. We look forward to contributing to initiatives such as Make in India, power to all and 100 GW of solar power by 2022,” said Sanjeev Sharma, Managing Director, ABB in India.
Welspun Energy itself is looking to expand its renewable energy portfolio significantly over the next few years. The company has announced plans to set up 11 GW renewable energy capacity over the next 5 years – including 8.66 GW of solar power capacity and 2.34 GW of wind energy capacity.