United Solar, the leading global manufacturer of flexible, thin-film solar laminates and a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD) (Nasdaq:ENER), announced today an order for 500 kilowatts (kWp) of its UNI-SOLAR® laminates from JSW Green Energy, a 100% subsidiary of JSW Energy Ltd. of Mumbai, India.
JSW Energy, part of the JSW Group of companies, is one of India’s fastest growing power companies and is working towards becoming one of the leading private power producers in the country. As part of this growth strategy, JSW Energy desires to utilize clean, renewable solar energy in its platform of power generation.
“JSW Green Energy is keen on developing special solar products suitable for rooftop mounting wherein UNI-SOLAR panels fit in very well. We plan to utilize their extensive solar photovoltaic (PV) industry expertise and superior flexible solar technology for on-grid solar applications in India. We want to establish a long and successful relationship with United Solar and look forward to employing their unique thin-film technology in pioneering rooftop projects in India,” commented Mr. Shishir Tamotia, CEO, JSW Green Energy Ltd.
JSW Green Energy Ltd (JSWGEL), a wholly owned subsidiary of JSW Energy Ltd, is an independent entity focusing on the development of the renewable energy business in India. JSWGEL is a peak power generator company and currently is engaged in engineering, procurement and construction of rooftop integrated grid-interactive/off-grid solar PV systems. JSWGEL envisages being a leader in the supply, design and installation of building integrated photovoltaic (BIPV) and building applied photovoltaic (BAPV) products in India. JSWGEL is also in the business of setting up bio-gas based anerobic digesters across the country that would be utilized for cooking and rural electrification purposes.
“We are pleased to begin this strategic relationship with JSW,” said Dr. Subhendu Guha, Chairman of United Solar and Executive Vice President of Photovoltaic Technology, Energy Conversion Devices. “We view India as a key growth market for us in the future, and we believe that our UNI-SOLAR products are uniquely suited for the high heat and high insolation that is found in the Indian market. We look forward to future business with the JSW Group.”