Last week there was another detailed meeting between Maetel from Spain and InSolare from Bangalore, India to finalise the details on working together to offer solar EPC services in India.
Energetica India was the lead consultant to the deal and so I was involved in this.
Maetel is an experienced solar engineering company and has more than 300MW to its credits in addition to other successful projects in other sectors of the power sector.
InSolare has a 5MW solar power plant in Gujarat; being India’s only thin film solar plant with single axis tracker.
The two companies will offer solar epc services to Indian Solar Developers; with InSolare bringing in local expertise and Maetel coming in with strong experience.
The two companies, along with Energetica India, have been working on tie-up since the last couple of months.