|ReneSola Ltd, a leading global manuf and wafers is beginning to provide l market. Here is an exclusive interview for ReneSola exploring more about In|
|Please introduce ReneSola business overall and products you are offering?
ReneSola has 17 subsidiaries, with our own production bases distributed in Zhejiang Jiashan, Jiangsu Wuxi and Sichuan Meishan. We specialize in the R&D and manufacturing of polysilicon, silicon wafer and solar modules and are one of the few large Solar conglomerates with vertically integrated operations from virgin polysilicon to photovoltaic systems in the global photovoltaic industry.
ReneSola was listed on the New York Stock Exchange (NYSE:SOL) in 2008. Our products have been delivered all over the world since our establishment. We have locations worldwide with sales branches established in Europe, the Americas and the Asia- Pacific regions, providing customers with timely services and high-quality photovoltaic products With our innovative technology capabilities and quality products, ReneSola is actively expanding the downstream business, providing integrated solutions for commercial, agricultural and large-scale projects to tirelessly and continuously improve the strategic status of solar energy and to further improve our innovative capability.
W i t h t h e m i s s i o n o f i m p r o v i n g t h e c o s t competitiveness and increasing the energy efficiency of the solar industry, ReneSola is committed and focused on our R&D. Backed by our solid and strong financial condition, our R&D team is leveraging on their strong technical expertise and the innovative capabilities to drive the development of the photovoltaic industry towards greater cost- effectiveness and higher energy efficiency.What is your opinion about India solar market opportunity? And what is your India focus and mission?
With its abundant natural solar resources, India has always been an ideal place for solar energy development. Plus, there is a strong domestic need and shortage of electricity due to limited output produced by traditional energy, solar energy (especially photovoltaic) will become the most
|important alternative option. The release of the National Solar Mission even provides very positive policy environment for solar energy development. We believe India solar mark will keep rapid growth in the next 5 yrs. We will focus on local facility and solar power plant projects. We are targeting to offer India affordable and renewable clean energy.
What are the competitive advantages you are offering to India customers?
1. We set up Indian subsidiary already, which can provide localized service and technical support;2. We can provide made-in-India solar PV panels, which can guarantee our products perfectly meet the needs of the local clients;3. ReneSola boasts of it high-quality solar PV products, for example, in October, our Virtus products ranked No. 1 in Photon’s performance ratio test result.4. We can provide a wide range of portfolio of products. Apart from solar wafers and solar modules, ReneSola has extended its business to even more downstream and has developed other system relevant products, such as micro inverters, inverters etc.How do you see India as a solar manufacturing hub?
India is country with a large population and will enjoy the demographic dividend in the next few years. India has a high quality and inexpensive labor pool. India is already a very international country and has very close connection to the rest of the world. This is why we consider India as a very competitive place to manufacture products.
Let us know more about your Made in India products.
We actually already started to provide made-in-India solar PV products through establishing partnership with local companies. But we will look for multiple partners, since our target made-in-India product capacity will reach 250 MW in the next two years.