According to reports, Gamesa India, the Indian arm of the global wind turbine major, intends to take a plunge into the growing Indian solar industry.
Gamesa’s Chairman and Managing Director, Ramesh Kymal, told journalists today that the company would start doing solar ‘engineering, procurement and construction’ jobs, which is basically building solar power plants for others.
Gamesa will soon make a formal announcement about its solar foray, Kymal said, on the sidelines of a meeting held here to announce the company’s tree planting initiatives.
The Spanish major already sells solar inverters in the Indian market. It has a range of inverters, starting from 100 kV to 1 MW. When it announced its entry into the Indian solar inverter market earlier this year, Gamesa joined a long list of multinationals who have got into the market. The list includes global big names such as SMA, Power One, RefuSol and Switch.
Now, Gamesa forays into the solar EPC market, which is also getting crowded.
Other officials of Gamesa said that the company would start with doing rooftop solar projects, and would later get into large, utility-scale projects.