Hanwha Q CELLS and Ramnad Solar Power, a subsidiary of Adani Group of India, have entered into a 70MW PV module supply contract. The PV modules will be installed at Tamil Nadu province in the southern part of India and construction will commence in October 2015 and is scheduled for a completion by February 2016.
India is one of the most rapidly growing solar markets in the world with strong government's policy support. In 2014, Prime Minister Modi announced its plan to reach 100 GW installed PV power generation by 2020.
"Hanwha Q CELLS is pleased to have partnered with Adani Group, one of India's major energy companies" said Mr. M.Y. Kim, Sr. Vice President of Hanwha Q CELLS in India. Mr. Kim also added "Solar has received increased support from the government and India has now become one of the more interesting emerging markets."