by Staff Writers
Los Angeles CA (SPX) Feb 25, 2016
SoloPower Systems has announces that Bharat Light and Power ("BLP"), a leader in the Indian renewable energy industry, has signed a collaboration agreement with SoloPower for utilizing its advanced technology panels in the Indian rooftop PV market.
SoloPower will supply products for both existing and new roof applications, including the deployment of building-integrated photovoltaics (BIPV), while BLP will provide total energy solutions for customers through its group companies.
BLP and SoloPower have secured their first project with a leading Indian conglomerate. The fifty kilowatt solar PV system is expected to be operational by late spring.
Commenting on the agreement, Tejpreet S. Chopra, CEO of BLP, said: "We are partnering with SoloPower as they have a unique technology that will open up the Indian market for multiple segments including light weight PV and BIPV.
"We already have an established business developing utility scale renewable projects and have expanded into the distributed generation market as the next big wave of innovation within the Indian PV market.
"Our government has targeted 40 GW of rooftop PV by 2020 and our newly established partnership with SoloPower will be part of the solution in helping India achieve this goal through disruptive technologies."
Rob Campbell, CEO of SoloPower, added: "India represents a huge opportunity for our technology and has all the key criteria that we are looking for in a target market in terms of scale, need for LPV solutions and strong macro drivers. BLP is an excellent partner for SoloPower in India, they have a strong market position, understand the business and are focused on developing the distributed generation market.
"We see tremendous long-term potential within India to help drive our overall growth and are very pleased to be working with the BLP team."
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