Belectric sets target of 50 MW solar power generation in India

Germany-based turnkey solutions provider for solar power plants Belectric said it targets to achieve 50 MW of solar generation capacity in India by year-end. "We have done 8.5 MW last year here in India, which was pretty much proof of the technology we construct. We now have a programme to set up 50 MW of solar projects in this year," Belectric Global CEO Bernard Beck said. "We shall start rooftop solar projects here. We see a giga watt scale market upcoming in the next couple of years here since solar is a major energy source," he said. The need of the hour in India is to reduce the levelised costs of energy by simplification, standardisation and improving technical efficiency of solar projects, Beck said.