SunBorne and Suntech Sign Supply Agreement
Suntech will supply 280Wp polycrystalline silicon modules for projects that will be designed, installed and commissioned by SunBorne Energy.
The agreement includes an initial order for 10Mw of solar panels for a project in Gujarat, India. Through this partnership, SunBorne will deploy proven, solar technology and build local solar expertise to deliver affordable solar power throughout the country.
The solar industry in India has been growing rapidly, backed by government support at both the federal and state level. India has a target to reach a cumulative installation of 2Gw of off-grid and 20Gw of on-grid PV installations by 2022 to help meet the country's burgeoning energy demands.
James Abraham, managing director and CEO of SunBorne Energy, said: â€œWe chose Suntech because of their clear technology leadership and long-term commitment to India. We are proud to support the Gujarat government in their endeavour to bring clean power to India and attain energy security. This partnership reiterates our action plan of providing cost-effective utility scale solar solutions and targeting grid parity by 2017.â€
Zhengrong Shi, chairman and CEO of Suntech, said: â€œWe're excited to partner with SunBorne Energy to drive solar industry growth in India. Currently, one in three people in India lack reliable access to electricity, and the rapid deployment of solar energy has the potential to help close this gap. This project will provide thousands of people in India with clean and affordable power.â€
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