Renewable Energy in India – Siemens establishes a beachhead to sell Solar Thermal Plants and Wind Turbines

Siemens is one of the largest conglomerates in the world with a huge Green Division.This German Giant is present in almost all sectors of the upcoming Green Industry.Siemens is a Top 10 World Supplier  of Wind Turbines and has recently upped its investment into Solar Thermal Technology through the acquisition of pioneering CSP company Soleil Systems.This makes Siemens a formidable player  in the No.1 and No.2 Green Energy Technologies of  Wind and Solar.Note India under the JNNUSM plans to allocate half  of the Solar Energy Subsidies to Solar Thermal Technology.This is quite large compared to other parts of the world where the focus is mainly on distributed Solar Photovoltaic.Whether this makes sense or not is a different issue as Siemens can capitalize on its Technological Strengths to wind a large share of India’s Solar Energy Market.

Siemens established Office in India’s Leading Renewable Energy State of Gujarat

The company has opened an office in the city of Vadodra,Gujarat where it has hired 30 people.Note Gujarat is at the forefront of India’s Green Energy Efforts looking to set up 500 MW of Solar Energy in the next couple of  years.Siemens plans to set up a  Wind Turbine Manufacturing by 2012 and it would make sense for them to make Solar Thermal Components as well if the Market Takes Off.Note India’s JNNUSM specifices a 30% Local Domestic Contect Requirement for Solar Thermal Plants.While India’s Wind Energy Market is already crowded with most of the international players having a strong presence,the Solar Thermal Market is still a virgin one.

Siemens starts renewable energy business in India – ET

“The market outlook for renewable energies in India is extremely positive and we see a huge potential for the wind and solar business in the near future. With our Vadodara office we will strengthen our activities in this strategic market,” Siemens Managing Director Armin Bruck said in a statement here today. The firm has already employed 30 people and plans to ramp up the number to 100 within the first year of operation.

With over 8,700 wind turbines and a total capacity of more than 11 GW installed worldwide, Siemens will focus on providing high efficient wind turbines with low life-cycle costs to project developers and independent power producers in India, it said. The company plans to start wind turbine manufacturing by 2012