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Schneider Electric powers 2 GW of solar capacity, eyes 2.5 GW by March

According to reports, Schneider Electric India has announced it has powered more than 2 giga watts (GW) of solar capacity in India through its inverters, transformers and other medium-voltage equipment and expects to achieve 2.5 GW by March 2017.

Of the country’s cumulative solar capacity of 10,000 MW, 20 per cent flows through Schneider Electric’s equipment.

By March 2017, the company plans to supply and commission equipment for another 500 MW solar projects, increasing its share of the total capacity to 2.5 GW across several states.

Schneider Electric Solar’s presence in the sector has grown over 50 per cent in the last one year. In 2016 alone, the company supplied equipment for more than 500 MW of solar capacity, as against 1.5 GW in the last four years. This has been due to rapid growth in the sector given the Government’s commitment to achieving a target of 100 GW of solar power by 2022.

Anurag Garg, Vice-President, Solar Business, Schneider Electric India, in a statement said, “We are on the verge of contributing 25 per cent of the total installed solar capacity in India. Our share as well as contribution to India’s solar sector is only going to increase given the rapid growth witnessed by the sector on the back of the 100 GW target to be achieved by 2022”.

The company offers a complete solution for photovoltaic integration and connection, including power conversion, electrical distribution, monitoring, supervision and technical support.It supplies solar equipment and products from plants in Bengaluru, Baroda, Kolkata and Hyderabad, where it manufacturers solar equipment such as solar inverters, ring main units up to 33kV, Inverter Trafo, Power Trafo, Medium Voltage HT Panels up to 33kV, and charge controllers.

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