The European power-electronics company AEG Power Solutions and the Indian solar developer Electrotherm have partnered to deploy 100 MW of solar PV projects around India in the next three years.
The first installations are targeted for the last quarter of 2010 (15 MW) and for the beginning of 2011 (30 MW) in the states of Gujrat and Rajastan.
Electrotherm will give AEG access to the Indian market through its existing presence in the country. The company will act as an EPC contractor (Engineering, Procurement and Construction). In addition, Electrotherm will provide MV transformers and other basic components such as structures and complete wiring which are parts of the company’s portfolio.
AEG will provide engineering services and will deliver key components such solar inverters, metering, monitoring and controlling equipment and intelligent combiner boxes, part of the total solar power solutions of the group.
Both companies expect to develop together a minimum of 100MW of business activity in India over a period of 36 months.
