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Renewable Energy EPC Company Juwi sets up Solar Energy Base in India

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Juwi,the German Renewable Energy EPC Company is setting up base in India following on the footsteps of other major Europeans companies Scott and Abengoa.Juwi is one of the largest solar EPC companies in the world with 800 million Euros in Revenues in 2010 and with operations in 15 countries.Note India’s solar energy opportunity is one of the biggest in the 21st century and the number of solar companies has exploded.Other International Solar EPC Companies and Solar System Integrators like SunEdison(MEMC) have made major commitments to the Indian market.Juwi is looking at both setting up turnkey plants as well as O&M.Indian domestic companies suffer from a lack of experience in the solar development sector and entry of international companies should help disseminate best practices in solar project development and execution.

Germany’s energy firm juwi in India

Cashing in on the renewed interest in renewable energy segment in India, German solar, wind, bio energy giant — juwi opened its wholly owned subsidiary — juwi India Renewable Energies Pvt Ltd headquartered here on Friday.Explaining its activities in India, juwi India President Rajesh Bhat said: “We have already got contract to set up and run power facility of 2.5 MW for an utility company in Gujarat. We are also in advanced stage to operate 1.5 MW power plants in Maharashtra & Rajasthan.”

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Abhishek Shah

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