Advanced Energy Industries, Inc.
(Nasdaq:AEIS), today announced a sales and service partnership with
that will help both companies better service the high-growth Indian photovoltaic (PV) market. The first project under this partnership is a 1 megawatt (MW) ground-mount array, which has already been commissioned in Kalanaur, in the state of Haryana, India.
“We are excited to be working with AE Solar Energy and look forward to bringing the company’s high quality and reliable utility-scale inverters as well as service and support offerings to the rapidly expanding Indian solar PV market,” said Rajinder Kumar, managing director and chairman, Bergen Group. “We see great opportunity in the Indian PV market and are pleased to be partnered with Advanced Energy, a leader in utility-scale inverter manufacturing. We are fully prepared to take up the responsibility to provide a strong after sales support for installation, commissioning, warranty, and annual maintenance contracts.”
The Indian PV market has significant potential due to its growing demand for energy, driven by its rapidly expanding economy, and supported by the
Jawaharlal Nehru National Solar Mission and its goal of 20GW of installed solar power by 2020. This growing demand for renewable, clean sources of energy strongly aligns with AE Solar Energy’s expertise in lowering the levelized cost of energy (LCOE) for project owners and off-takers. Together with Bergen, AE Solar Energy will deliver inverter and energy service solutions that provide utilities with confidence that their PV projects will deliver on long-term production goals.
“We’re excited to expand our business into India and partner with Bergen Group. AE Solar Energy underwent an in-depth selection process to determine the right partner for our move into this important market for solar energy, and we strongly believe we have chosen wisely,” said Gordon Tredger, president, AE Solar Energy. “Bergen Group combines domain expertise with an India-wide service network that will allow us to provide the high-standard of AE service and support our customers expect.”