Home » Solar » Gehrlicher Solar AG in JV with Greenforce Enviro to provide Solar EPC;invests $5 mn

Gehrlicher Solar AG in JV with Greenforce Enviro to provide Solar EPC;invests $5 mn

Greenforce Enviro is a part of the diversified Soham group whose main initiative is realty where the group is  involved in the development of individual buildings, iconic towers, layout projects, and integrated townships with a portfolio of more than 25 million square feet of realty.

Greenforce Enviro is involved in the renewable energy sector as an EPC contractor setting up solar power generation units, as well as in other green activities such as waste recycling, rain water harvesting, and power generation from waste etc.

Greenforce Enviro has entered into a JV with Gehrlicher Solar AG to provide solar EPC and has bagged 20 orders to set up solar systems of 5 kW in Mumbai and Vadodara. The units — complete with PV cells, racks and storage — will cost Rs 12.5 lakh each.

Gehrlicher Solar AG is a highly reputed German company operating in the field of Solar Photovoltaics. The Company designs, constructs, finances and operates photovoltaic plants and also offers photovoltaic modules and components. The company also manages operations and administration of over 30 solar investment funds. Gehrlicher is a global company with presence in Italy, Spain, Greece, France, Czech Republic, Slovakia and US.
Gehrlicher Solar AG has successfully executed more than 50 large solar power system projects with highly innovative and cost-effective technologies at various locations throughout the world. The company has accumulated experience base of 15 years in solar power system project planning and execution with distinctive first-mover achievements.
Gehrlicher Solar AG is one of the top 10 largest Solar Power EPC Company in the world with a turnover of 300 million + Euro.

According to Mr Chaitanya Parekh, chairman of Greenforce  mentioned that they are keen to bag EPC orders for at least 50 MW by 2012 where the MW cost would be Rs 14-18 crore. Further, Mr Deepak Gadhia, Principal, Greenforce Enviro, said the orders were taken on a pilot basis to iron out possible snags before it went in for full-fledged marketing. The German company will train and help commission the systems, provide critical parts such as modules, cables and racks in addition to design, officials said.

The Solar EPC space has seen a lot of activity recently and Panchabuta has covered the developments in this space here, here and here.


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