ABB India and Welspun Energy advance India’s solar power ambition

2016-04-06 - Actively working towards meeting our nation’s vision of powering a clean, green India

April 6, 2016, Bangalore: ABB in India and Welspun Energy, have together installed about 700 MW of solar photovoltaic projects across several states in India like Punjab, Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu. This includes a key project of 52 MW for Maharashtra State Generation Company at Baramati, which was the first ever PPP (public-private partnership) project in the industry, in the country.

By setting up large scale solar capacities across the country we are supporting India’s developmental needs through clean energy. This is essential if we want to power our industries sustainably and meet our renewable energy targets. We chose ABB as a bankable partner owing to its leadership in inverter technology, strong local presence and a robust service network which has helped us to synchronize our plants in a very short time, whilst meeting our robust quality standards,” said Vineet Mittal, Managing Director, Welspun Energy. “ABB offers quality, reliability, efficiency and a well entrenched network, all of which are critical to minimizing the long-term risks of solar installations.”

ABB is the leading global supplier of solar photovoltaic (PV) inverters and over half the 5.1 GW inverters installed in India are from ABB. Inverters form the heart of any solar installation. They are critical for maximizing the conversion of the DC (direct current) power captured by solar panels to electricity in a usable format that can be connected to the grid. ABB has supplied its reliable PVS800 central inverters to Welspun Energy’s solar projects. The inverter has one of the highest efficiencies available in the market.

“We look forward to a continuing collaboration with forward looking customers such as Welspun Energy, one of the pioneers in the clean energy space in the country and feel privileged to be a part of this association,” said Sanjeev Sharma, Managing Director, ABB 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.”

ABB pioneered manufacturing of solar inverters in India and has quickly become the market leader in an industry that is poised for immense growth in the short term. Photovoltaic generated power steadily approaching grid parity in many countries and will change the energy mix in the long term. ABB central inverters range from 100 kW to 2,000 kW and are optimized for cost-efficient multi-megawatt power plants. They improve reliability, efficiency and are easy to install. Barring photovoltaic cells, ABB solutions span the entire energy value chain – be it generation, conversion, stabilization and integration. ABB has also introduced the latest 1500 VDC technology for solar inverters which helps to reduce overall CAPEX and OPEX for solar PV installations

About ABB

ABB (www.abb.com) is a leading global technology company in power and automation that enables utility, industry, and transport & infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 135,000 people.
About Welspun Energy Pvt. Ltd: (www.welspunenergy.com)

Welspun Energy Pvt. Ltd (WEPL) is a leading independent developer of renewable energy projects. Within this year the organization will have achieved 1 GW of solar and wind commissioned capacities. The EPC company has time & again demonstrated its ability to design, engineer and build renewable projects with high performance outputs and low cost - delivery period. WEPL draws on the know-how of its specialized team of scientists and engineers to design projects by employing cutting edge technologies. It also holds the distinction of building one of the world’s largest solar project of 151 (DC) MW. Through its strong commitment to triple bottom line, WEPL is working for underserved communities in area of education, empowerment & healthcare. Through the projects the organization has mitigated over 15,85,740 tonnes of CO2 emissions till date.

Disclaimer:

The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in Welspun Energy Pvt. Ltd. or any of its affiliates. Neither Welspun Energy Pvt. Ltd., nor their or their affiliates' officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss.

For more information please contact:

Corporate Communications, ABB India Ltd.

Sohini Mookherjea
Tel: + 91 9632726608
email: sohini.mookherjea@in.abb.com
Peter Stierli
Tel: + 91 9901722298
email: peter.stierli@in.abb.com


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